After rejecting resistance, Bitcoin is retracing in a controlled manner instead of showing aggressive selling pressure. Price is now approaching an ascending trendline that could act as a technical support area.

As long as this structure remains intact, the broader short-term bias may continue favoring recovery toward resistance.

Key Technical Levels

Support Zone: 62,800 – 62,900
Secondary Support: 62,200
Resistance Zone: 63,500 – 63,550
Breakout Area: Above 63,550
Possible Roadmap
Price tests trendline support.
Buyers regain momentum.
Resistance is revisited.
Breakout may extend the move higher.
Projected Targets

🎯 Target 1: 63,500

🎯 Target 2: 63,900

🎯 Target 3: 64,300

🎯 Target 4: 64,700