$BTC /USDT at $63,872 right now, up +2.81% today — but the chart is not clean bullish yet.
Price pushed hard toward the $64,234 high, then got rejected near $64,200.
That rejection was sharp.
Now BTC is trying to hold above the short support zone around $63,746 – $63,605.
What I noticed:
MA(7): $63,848
BTC is slightly above it, showing short-term buyers are still defending.
MA(25): $63,951
Price is still below this level, so resistance is close.
MA(99): $63,635
The bigger support is still underneath, keeping the structure alive.
Volume also cooled down after the sell pressure, which means the next candle matters a lot.
For me, the key level is simple:
If BTC breaks back above $63,950 – $64,000, bulls can try another move toward $64,200+.
But if it loses $63,746, I’ll watch for a deeper dip toward $63,600.
Market feels exciting, but also dangerous.
This is exactly where impatient traders get trapped.
#BTC BitcoinEndsSevenDayLossStreakAbove$63K#KOSPISuffersLargestDropSinceMarch #ZcashIronwoodUpgradeAfterCounterfeitingBug