Watch 62700 as we retrace back to the .618 level, on a shorter timeframe we hit the .382 from the most recent drop and Bulls could not sustain buying. Below the 62700 level we have Ichimoku support at 62000. Like every pattern wit BTC, this is invalidated if we see 100 million-ish on a 15 minute candle with sustained pressure.
Comment:
Looks like a rising wedge/ bear flag on the 1hr. I would expect this to break to the downside in the next couple hours. As always just my thoughts, and keep a tight stop loss in case of unexpected Buy volume.