Bitcoin remains in a short-term bullish market structure after producing a strong impulsive move from support. Price is currently pulling back toward a previously established demand area while continuing to trade above the recent breakout level.

If buyers successfully defend this support region, the market may resume its upward movement toward the next resistance. A deeper breakdown below support would weaken the current bullish structure and shift focus to lower levels.

Technical Overview
Timeframe: 15 Minutes
Market Structure: Bullish
Current Bias: Pullback within an uptrend
Key Resistance: 63,650 – 63,850
Key Support: 63,050 – 63,150
Potential Technical Targets
Target 1: 63,850
Target 2: 64,100
Target 3: 64,350
Extended Target: 64,600
Alternative Scenario

A sustained move below 63,000 could delay the bullish outlook and increase the probability of a deeper correction before trend continuation.