$BTC stuck below $64K and the structure is simple:
$63K = support
$64K = resistance
Rejected from $65K on Aug 11. Since then? Lower highs, lower lows. Dropped to $62.4K, now hovering around $63K.
If $63K holds, buyers can try another push to $64K. But that's clear overhead resistance now. Until $BTC reclaims $64K and holds it as support, this isn't a bullish reversal.
Upside levels:
$65.7K next major resistance
$67.2K after that
Downside:
$62.4K recent low is first support to watch
Short-term structure won't shift until $BTC reclaims $64K. Until then, sellers have the edge.
$63K = support
$64K = resistance
Rejected from $65K on Aug 11. Since then? Lower highs, lower lows. Dropped to $62.4K, now hovering around $63K.
If $63K holds, buyers can try another push to $64K. But that's clear overhead resistance now. Until $BTC reclaims $64K and holds it as support, this isn't a bullish reversal.
Upside levels:
$65.7K next major resistance
$67.2K after that
Downside:
$62.4K recent low is first support to watch
Short-term structure won't shift until $BTC reclaims $64K. Until then, sellers have the edge.