$BTC ๐ BTCUSDT is showing strong signs of recovery after defending the $62.2K support zone and reclaiming momentum above $63.5K. Buyers continue to absorb selling pressure, creating a series of higher lows on the 4H timeframe. With RSI recovering and MACD signaling improving momentum, Bitcoin appears to be preparing for its next major move. The key level to watch remains $64.5K, where a breakout could trigger fresh bullish momentum and attract aggressive buyers.
๐ If
$BTC successfully closes above $64.5K, the next upside targets stand at $65.7K, $66.5K, and potentially $68K+. However, traders should remain cautious, as rejection from resistance could send prices back toward the $62.3K support area. Volume confirmation will be crucial for validating any breakout. As volatility builds, BTC is entering a decisive phase that could offer significant opportunities for both breakout and swing traders in the coming sessions.
Not financial advice. Trade with proper risk management.
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