Bitcoin has made a strong move to the upside, but I believe the market is getting a bit overextended. There's still an unfilled weekend gap below the current price, and in my opinion, that area is likely to be revisited before the next major move.
Why I'm Watching This Level
The 64,000 zone stands out because it aligns with the unfilled weekend gap and has previously acted as a strong support area. Price has reacted there before, which makes it an important level to keep an eye on.$BTC
BTC
66,145.7
-0.29%