Bitcoin continues to trade above the Ichimoku Cloud, indicating that the broader trend remains bullish while buyers defend key support levels. The recent consolidation below resistance appears to be a healthy pause before a potential continuation move. Trading above the cloud generally reflects a positive trend, while the cloud itself often acts as dynamic support.

Technical Outlook
Trend: Bullish
Current Price: Around 64,900 USDT
Major Support Zone: 61,800 – 62,300
Immediate Resistance: 66,100
Major Resistance: 67,150
Bullish Scenario

As long as BTC remains above the 61.8K–62.3K support area and above the Ichimoku Cloud, buyers remain in control. A decisive breakout above 66,100 could open the way toward 67,150, with the possibility of extending the rally if bullish momentum accelerates.

Bearish Scenario

Failure to hold above the cloud and a breakdown below 61,800 would weaken the current bullish structure and could trigger a deeper corrective move before buyers attempt another recovery.

Key Levels
🟢 Support: 61,800 – 62,300
🔵 Current Price: 64,900
🔴 Resistance 1: 66,100
🔴 Resistance 2: 67,150
TradingView Title

BTCUSDT 4H | Bullish Continuation Above Ichimoku Cloud

Tags

#BTC #BTCUSDT #Bitcoin #Crypto #TechnicalAnalysis #TradingView #Ichimoku #SupportResistance #Breakout #Bullish #PriceAction #CryptoTrading #Binance #TradingStrategy #MarketAnalysis