Bitcoin BTCUSDT.P is currently trading around $64,750 on the 4H chart, holding above a rising trendline after recovering from the $62,500 demand zone.

Key Levels
Resistance: $65376
Immediate support: $64750
Trendline support: ~$64200–$64400
Major demand: $63750–$64250
Major support: $62500
Technical Structure

The 4H structure is showing a bullish recovery with higher lows, while the recent BOS near $65K suggests buyers are gaining control.

The main level to watch is $65376. A clean 4H close above this resistance, preferably with stronger volume, could confirm the next upside leg.

Bullish scenario:
Break and hold above $65376 → $65750 → $66000+.

Bearish scenario:
Rejection from $65,376 followed by a break below the rising trendline could send BTC toward $64250–$63750. Losing that zone would weaken the current bullish structure and bring $62500 back into focus.

My View

Bias: cautiously bullish above $64200–$64400.

I would not chase the move directly into resistance. The cleaner setup is either a confirmed breakout above $65376 or a pullback into trendline/demand support followed by bullish confirmation.

Key decision: $65376. Break it, and BTC may be ready for another push higher. Reject it, and the pullback levels become important.