Bitcoin is rebounding from a well-defined high-timeframe support zone, where buyers have repeatedly defended price. The recent higher low suggests selling pressure is fading, while price is now advancing toward a key descending trendline that has capped every rally.

A confirmed breakout and close above the trendline could trigger a strong momentum move toward the $65K resistance, with the next expansion targeting the $67K region. Until then, the support zone remains the critical area bulls must defend.

📊 Key Levels

🟢 Support: $61.8K – $62.6K
⚠️ Breakout Trigger: Descending trendline
🎯 Target 1: $65K
🎯 Target 2: $67K
❌ Bullish Invalidation: Sustained close below the support zone

🔥 TradingView Caption:

BTC is knocking on the door of a major trendline breakout.
Bulls defended support—now all eyes are on $65K. A clean breakout could ignite the next leg toward $67K. 🚀📈