Setup A — Buy the pullback ⭐

Entry: $63,800–$64,200
Stop: below $63,100
TP1: $66,000
TP2: $67,000
TP3: $68,500+

This is attractive because you're buying close to established support rather than chasing a breakout. A recent technical setup also identified roughly $63.4K–$64.9K as a potential long zone with a 4H invalidation around $63.1K.

Setup B — Breakout long

Wait for a 1H/4H close above $65,000, then look for a retest of $64,800–$65,000.

Entry: ~$64,800–65,100 after successful retest
SL: ~$64,200
TP1: $66,000
TP2: $67,000
TP3: $68,500–70,000

The reason I prefer confirmation here is that BTC is still dealing with overhead resistance and the broader market has not established a clean bullish trend. Current commentary also highlights resistance around the mid-$64K area and $67K.

🚨 What would make me avoid the long?

If BTC gets a 4H close below $63,100, I would cancel the long idea.

Then I'd watch:

$62,000 → $60,000 → $59,000

The ~$60K region has previously been identified as an important structural support area.

My preferred plan

Don't buy simply because BTC is at $64K.

I'd use:

$63.8K–64.2K hold + bullish 1H structure → LONG

or

$65K breakout + retest → LONG

For a short-term trader, Setup B is safer; Setup A offers better R:R but needs confirmation at support.

This is a trading scenario, not a guaranteed prediction—BTC can move through these levels very quickly.