Bitcoin The pair is still holding above the main support area, and as long as that remains, the bullish scenario is still on the cards.
I am watching the 63.5K – 63.8K area closely. If buyers continue to defend this area, a return towards 64.2K, 65.1K and perhaps higher remains possible in the coming days.
Conditions that cancel the long one ❌
🔴 The four-hour candle closes below 63,580
🔴The daily candle closes below 63,500
🔴Strong downward displacement through support
🔴 Formation of a new lower bottom on the four-hour time frame
Until one of these conditions occurs, I have no reason to abandon a bullish outlook.
The market does not need to move straight. Consolidation above the support level is healthy. Right now, patience is more important than prediction.
Let’s see how BTC reacts around this support area over the next few four-hour candles. 👀📊
