#BTC ( Peace be upon you and the mercy and blessings of Allah )
✅ The overall trend is still bullish, as the important lows have not been broken.
✅ The violent rebound from the 61,300 area with high trading volume indicates strong demand and absorption of selling.
✅ Price quickly returned to 63,800, which is evidence that sellers were unable to impose their control.
But on the other hand:
⚠️ The 64,000–64,200 zone is not easy—it is a strong resistance, and we may see some fluctuation or profit-taking before a breakout.
⚠️ If the price fails several times at this zone, it may return to test 63,200–62,800 before attempting again.
✅ The overall trend is still bullish, as the important lows have not been broken.
✅ The violent rebound from the 61,300 area with high trading volume indicates strong demand and absorption of selling.
✅ Price quickly returned to 63,800, which is evidence that sellers were unable to impose their control.
But on the other hand:
⚠️ The 64,000–64,200 zone is not easy—it is a strong resistance, and we may see some fluctuation or profit-taking before a breakout.
⚠️ If the price fails several times at this zone, it may return to test 63,200–62,800 before attempting again.