Bitcoin $BTC has bounced from last week's lows near $60,000 and is currently trading around $63,800. While the recovery is encouraging, the broader market structure remains bearish until key resistance levels are reclaimed.
Key Levels to Watch:
Resistance: $64,500–$66,269
Major Resistance: $67,000–$77,388
Support: $60,200–$62,240
As long as Bitcoin holds above support, a move toward the $70,700–$73,400 zone remains possible. However, a break below $60,200 could trigger a deeper decline toward $55,500.
For now, Bitcoin is showing strength, but bulls still need to clear major resistance before a true trend reversal can be confirmed.
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