$BTC | 1H Market Update
Bitcoin has broken below a key support zone, confirming a short-term CHoCH and increasing bearish momentum.
📍 Support: $63,000–63,200
📍 Major Demand: $62,000–62,300
📍 Resistance: $64,400–64,600
📍 Major Resistance: $65,000–66,000
📊 The $63K area is the key level to watch. Holding it could help stabilize price, while a break below may lead to a test of the next demand zone near $62K.
💬 Do you think BTC will reclaim $64.5K, or is a deeper pullback ahead?
Educational content only. Not financial or investment advice.
Bitcoin has broken below a key support zone, confirming a short-term CHoCH and increasing bearish momentum.
📍 Support: $63,000–63,200
📍 Major Demand: $62,000–62,300
📍 Resistance: $64,400–64,600
📍 Major Resistance: $65,000–66,000
📊 The $63K area is the key level to watch. Holding it could help stabilize price, while a break below may lead to a test of the next demand zone near $62K.
💬 Do you think BTC will reclaim $64.5K, or is a deeper pullback ahead?
Educational content only. Not financial or investment advice.