Bitcoin Breakout Attempt Fails as Rejection at Resistance Opens Door to $63K Revisit

TLDR: Bitcoin failed to hold above key resistance after a retest, signaling a classic rejection pattern for BTC. Analyst Dami-Defi warns that rallies below the yellow line are relief bounces with the $63K zone as next target. Coinbase continues selling into every bounce while spot inflows from institutions remain notably absent. A weekly close below [...]

The post Bitcoin Breakout Attempt Fails as Rejection at Resistance Opens Door to $63K Revisit appeared first on Blockonomi.