A small UPD on BTC by the evening: the market is testing the strength of support at the volume level of $62,987. The price squeezed to $62,553, removing the nearest liquidity. On the four-hour chart, the descending structure of the candles has not yet formed, but it already is on the two-hour chart. The current four-hour candle is bullish, but there is still an hour before it closes.
If after this decline $62,987 holds, we are waiting for a repeated breakout of the level of $64,120. But continued growth is questionable for us, for now: 1) the price is below this level, 2) there is a local descending structure of the candles.
Correction signals to the basic targets of $63,050 and $62,839 on the 15-minute TF at P73 Trend & Target Dynamics - worked out. That is, further on this TF the decline is in force until there is a breakout of the basic stop-loss of $63,742 or a change in trend (background).
Also, the#BTCchart on this decline moved to the DOWN zone on the 30-minute TF, with basic targets of 62,670% (already worked out) and $62,368. The current growth puts the emerging downtrend under threat, but the basic stop of $63,612 is not touched.
Remember that today is the closing of trading in#BTCfutures on the Chicago Mercantile Exchange (CME) for the weekend. And the closing price will act as a "magnet" for the resumption of trading on the night from Sunday to Monday.
