$BTC is trying to recover from the 64203 level at the 0.786 Fibonacci level. The first 4-hour candle closed bullish. If candles with long wicks continue to form below this level, a rise could occur.

The first resistance during the upward move will be 67,500. If it stays above that, we will monitor the 74,000-75,000 resistances.
However, as long as the persistence above the 74569 peak does not occur, the possibility of a decline still continues.
We are now closer to the 60,000 level, which we have been monitoring during deep declines; this level must be maintained. Otherwise, the decline will deepen further. The downward movement may continue toward the support levels of 55,000-50,000.
If the rise continues, we will monitor the resistances at 74,569-82,885-98,000-109,107 thousand levels. If it reaches the 109-107 thousand region, this will be an important resistance.