$BTC is trading in a short-term bullish structure after a strong recovery, with price consolidating below resistance and maintaining higher lows that favor continuation.
Current price action is compressing beneath the 64,250 resistance while holding above the 63,500 support zone, indicating sustained momentum with an increased probability of a breakout if buyers reclaim the recent high.
EP 63,900–64,000
TP 64,250 / 64,600 / 65,000
SL 63,450
The bullish scenario remains valid while price holds above 63,500, and a sustained break below 63,450 would invalidate the setup and shift the bias toward bearish continuation.
Current price action is compressing beneath the 64,250 resistance while holding above the 63,500 support zone, indicating sustained momentum with an increased probability of a breakout if buyers reclaim the recent high.
EP 63,900–64,000
TP 64,250 / 64,600 / 65,000
SL 63,450
The bullish scenario remains valid while price holds above 63,500, and a sustained break below 63,450 would invalidate the setup and shift the bias toward bearish continuation.