#BTC On the 4-hour chart, we continue to defend our trend-following level of 63,100. We may attempt to test the 67,500 level. If this level previously worked as resistance and we get rejected there, there could be a further pullback. If, during the pullback, price holds above 63,100, we can try to break the resistance again.



If the resistance at 67,500 holds, there may be a chance to test the resistances at 71,000-75,000-82,885.

If there is a close above 82,885 on the daily and weekly timeframe, the first high peak would form based on the last downswing wave. This is a positive signal that the uptrend could continue even further.

If it stays below 63,100, we may test the 57,000 level again. Support is expected at this level.

If the weekly close remains below 57,000, the likelihood of the sell-off continuing increases, and the decline may continue toward the 49,000-50,000 support zones.
BTC-0.52%
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