$BTC June 14 Market Analysis

The market review yesterday afternoon showed a narrow fluctuation around 63,700, with bulls gaining momentum in the evening, breaking above 64,000, reaching a high of 64,300. Yesterday's review clearly indicated: beware of false signals below 64,500.
This morning, after opening and retesting the 638 support level, the price directly surged with increased volume, breaking through the key resistance at 64,500, reaching up to 64,700, currently trading at 64,400.
✅ Structural shift to bullish: The four-hour Bollinger Bands are opening upward, successfully breaking through the 64,500 level, which is the dividing line between bulls and bears, turning the short-term trend from consolidation to upward movement. The breakout was accompanied by increased volume, confirming the validity of the breakout.

Since the breakout above 64,500 has occurred, the strategy needs to be adjusted promptly: if retesting does not break below, go long.

🎯 Upper target levels: first target 65,000, with a breakout aiming for 65,500-66,000.
Lower support levels: 63,800-63,500.