#BTC On the 4-hour chart, we raise our trend-following level to 63,100. Remaining above it keeps the rise probability going.


If, during an uptrend, it stays above the resistance at 67,500, there is a chance it will test the resistances at 71,000-75,000-82,885.
If a daily and weekly close comes in above 82,885, it will mark the first higher high based on the most recent decline wave. This is a positive signal that the rally will continue even further.
If it stays below 63,100, it may test the 57,000 level again. This level is expected to act as support.
If the weekly close falls below 57,000, the likelihood that the decline will continue increases, and the drop could continue toward the 49-50,000 support zones.
BTC2.64%
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