Analysis Breakdown:
- The chart suggests that **Bitcoin has recently seen a move upwards** and is currently testing a previous significant resistance zone (around 63,212-63,531).
- The dotted and projected lines appear to outline **two potential price paths**:
1. The price could **move up** towards the Daily BPR, hit the 63,212 - 63,531 resistance, and then **reverse down**.
2. After hitting this resistance, the price is expected to possibly **retrace** back down toward the 4H Breaker Block around the **60,000** level.
3. The scenario suggests that after a brief pullback, a sharper **downward move** may happen, bringing Bitcoin prices down to the **53,000 - 52,000 range**, indicating a bearish bias.
Projection:
- The chart seems to predict that once the price reaches the resistance zone (Daily BPR), there will be a rejection leading to a significant
