BTCUSDT TA

On the weekly timeframe , the price had retested the 21EMA last week and the bulls have managed to hold it as support for now.

But structurally a reclaim of $64k horizontal level which is acting as resistance would have made a much stronger case for the bulls . That hasn't happened and this kind of looks like a bearish retest of the level after making a lower high at this timeframe .

$BTC