The Bitcoin chart reflects a volatility compression structure that often anticipates sharp moves in the short term.
Critical Support ($62,000 – $63,000): This area has consolidated as the strongest floor of the month. As long as price remains above this level, the structure will not turn purely bearish.
Critical Support ($62,000 – $63,000): This area has consolidated as the strongest floor of the month. As long as price remains above this level, the structure will not turn purely bearish.