$BTC | 1H MARKET UPDATE
Bitcoin is still showing a bullish market structure, but the recent rejection near $64.8Kโ$65K suggests sellers are active around resistance.
๐ Current Price: ~$64.37K
๐ข Bullish Structure โข Strong recovery from the $62.6K area
โข Multiple bullish CHoCH/BOS confirmations
โข Buyers are still defending the higher structure
๐ฏ Key Levels ๐ด Resistance: $64.8Kโ$65K
๐ต Support: $64.2Kโ$64K
๐ต Major support: $63.6Kโ$63.4K
A clean breakout and hold above $65K could open the door for further upside.
But if $64K breaks, BTC could see a deeper pullback toward the next demand area.
โ ๏ธ Don't chase the move. Wait for confirmation.
Bias: Bullish ๐ข | Short-term: Pullback risk
#BTC #Bitcoin #crypto
Bitcoin is still showing a bullish market structure, but the recent rejection near $64.8Kโ$65K suggests sellers are active around resistance.
๐ Current Price: ~$64.37K
๐ข Bullish Structure โข Strong recovery from the $62.6K area
โข Multiple bullish CHoCH/BOS confirmations
โข Buyers are still defending the higher structure
๐ฏ Key Levels ๐ด Resistance: $64.8Kโ$65K
๐ต Support: $64.2Kโ$64K
๐ต Major support: $63.6Kโ$63.4K
A clean breakout and hold above $65K could open the door for further upside.
But if $64K breaks, BTC could see a deeper pullback toward the next demand area.
โ ๏ธ Don't chase the move. Wait for confirmation.
Bias: Bullish ๐ข | Short-term: Pullback risk
#BTC #Bitcoin #crypto