Market Structure

The market is currently ranging after a corrective decline. Price is attempting to establish a higher low, but confirmation of a trend reversal requires a break above recent swing highs.

Key Resistance

First Resistance: 64,500–64,800
This is the first supply zone where recent rallies have struggled to continue.

Second Resistance: 65,500–66,000
A decisive breakout above this region would strengthen bullish momentum and shift the medium-term outlook to the upside.

Key Support

First Support: 63,500–63,700
This area continues to attract buyers and remains the first key support.

Second Support: 62,600–62,900
If sellers regain control, this demand zone could become the next downside objective.

Market Sentiment

Market sentiment is cautiously neutral.

The recent stabilization suggests selling momentum is fading, but the market remains trapped inside a consolidation range. A breakout above resistance would improve confidence, while a loss of support could quickly shift momentum back to the downside.

Please share your view below:

Will Bitcoin break above resistance and resume its recovery? Or will sellers defend the range and trigger another decline?

More market structure and key level updates will be shared regularly.