#BTC On the 4-hour chart, as long as it continues to hold 63,100, it may test the 67,500 level.


This level has previously worked as resistance and may work as resistance again. We need to see a breakout with volume. Otherwise, a pullback may occur.

If, during the pullback, it stays above 63,100, it could try breaking 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 daily and weekly close above 82,885, the next result would be the first higher high according to the last downtrend wave. This is a positive signal that the uptrend may continue 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 of the downtrend continuing increases, and the decline could continue toward the 49,000-50,000 support zones.
BTC-0.28%
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