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Bitcoin is slowly pushing higher and is now approaching the 65.6K resistance zone. This is the key level I'm watching, as it could decide whether this recovery extends or gets rejected.
Weekly MA200 is holding strong, and that's one of the biggest reasons I'm not turning bearish yet. On top of that, the Weekly MA7 is still trading above the MA200, showing that the broader structure remains intact.
Again, I'm saying this — until BTC loses the Weekly MA200, the bullish outlook remains valid. As long as this support continues to hold, the market still has room to build higher.
A clean break and hold above 65.6K would likely open the door for a move toward 67K–69K.
However, if $BTC gets rejected and loses 64K, we could see a pullback toward 63.2K–62K before buyers step in again.
🎯 Key Levels
➡️ Resistance: 65.6K
➡️ Bullish Targets: 67K → 69K
➡️ Support: 64K
➡️ Deeper Support: 63.2K → 62K
➡️ Major Trend Support: Weekly MA200
Keep this on your watchlist. The reaction around 65.6K will likely determine Bitcoin's next major move, but until the Weekly MA200 is lost, I still see bullish vibes in the bigger picture.