Signal BTCUSD Sell — H1 - July 6, 2026 07:00 GMT-4
On the H1 chart of BTCUSD, Bitcoin has just broken a tight 63000‑63200 resistance cluster, snapping below the 62850‑62900 support band that held since the mid‑July pull‑back. The preceding rally to a 63937 high was accompanied by a volume surge (15.8k‑14.8k contracts), signaling buying exhaustion. Subsequent candles show declining volume and a series of lower closes, confirming bearish momentum and a weakening order flow. With price now testing the 62800‑62820 zone, a sell entry is justified as the market respects the broken support and looks to retest the 61500‑62000 demand area, where the last significant trough formed. The stop just…