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BitBurst Capital

06/16 12:26

$BTC is stretched after a sharp move higher, leaving an unfilled weekend gap that we expect price to revisit.

Why This Level Matters:
The move up left a clear gap below current price, and gaps like this tend to get filled. The 64,000 region also lines up with prior support that price reacted to heavily, making it the natural magnet for this scenario.

Gameplan / Primary Scenario:
We are running a simple DCA short with two entries. First entry activates on a clean breakdown from the current 65,700 zone. Second entry sits near 67,000 if price pushes higher into that supply before rolling over. Both entries target the gap fill at 64,000, with continuation toward the secondary target at 61,000 if momentum extends.
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