| Level | Price | From price | Role |
|---|---|---|---|
| Volume POC | 0.1487 | +17.9% | poc, hvn |
| Swing high | 0.1405 | +11.4% | swing, read edge |
| Prior week high (not retested) | 0.1353 | +7.3% | calendar, sr |
| Resistance | 0.1335 | +5.9% | sr, plan leg |
| 2-TF resistance | 0.1309 | +3.9% | range ceiling, confluent |
| 2-TF resistance | 0.1269 | +0.6% | confluent, fib |
| Order block | 0.1249 | -0.9% | order block, calendar |
| Golden pocket | 0.1236 | -1.9% | golden pocket, swing |
| Prior week low | 0.1157 | -8.2% | calendar, sr |
CC is pulling back inside an uptrend — 0.10 is the floor that keeps the trend. Bitcoin's daily chart is ranging — range edges have held more often than they have broken. What argues for higher: the uptrend is intact — this is a pullback inside higher highs and higher lows, and the heaviest-traded price sits above at 0.14 (volume POC) — price tends to be drawn back to it. What argues for lower: volume divergence — trend weakening. The strongest single reasons point higher, but taken together the evidence leans lower (54% against 39%). New longs are coming in as price rises while price is pressing the ceiling at 0.12 — longs this close to a ceiling are either early to a breakout or fuel for a flush, and the ceiling decides which. Price is above every period open (day, week and month) — buyers have held every open this month. An inside bar is drawn on the chart — it has no side until a close breaks one of its rails, and it confirms nothing until then. An unmitigated demand block sits at 0.10–0.11. An imbalance (fair value gap) sits below at 0.11–0.12 — a range price moved through without trading, not yet revisited. Price is pressed right under resistance 0.12, the upper edge it has to clear, with 0.10 as the floor. So the uptrend is the frame: 0.10 holding keeps it intact, a close back above 0.12 restarts it, and a close below 0.10 breaks it.
The ceiling is 0.12 (2-TF resistance) — until price closes and holds above it, rallies keep running into the same sellers. 0.10 (Range floor) holds the downside; it is the level that has to break for the bear case to work. Beyond the box, the next levels are 0.13 (Prior week high (not retested)) above and 0.10 (Fib retracement) below.
This path is 39% and it starts with a close and hold above 0.12. From there the road runs to 0.13 (Prior week high (not retested)) then 0.14 (Swing high). It fails on a close and hold below 0.10.
This path is 54% and it starts with a close and hold below 0.10. That opens 0.10 (Fib retracement) then 0.08 (Prior month low). It fails on a close and hold above 0.12.
At 7%, price keeps rejecting both edges of 0.10–0.12 and the range holds.
A close above 0.12 that holds, with open interest still rising, means the longs were right and the move continues up. A poke above 0.12 that closes back below it traps those longs — that is the flush case, back toward 0.10. The way to get this wrong: buying into 0.12 after the crowd already has — wait for the close above it, or for the poke that fails.
New to reading charts? Support and resistance · Market structure · How to read a crypto chart