Bitcoin ( $BTC ) is trading near the lower range of today’s price action after dipping to a low of $62,553.90. Despite the current retracement, the price is forming a consolidation zone around $62,965.56. If support holds above $62,500, we could see a rebound toward $63,700 in the next 24 hours.
Buy Zone: $62,600 - $62,800
Take Profit Targets:
1. $63,500
2. $63,900
3. $64,100
Stop Loss: Below $62,300.
Watch for a breakout above $63,500 to signal bullish momentum.
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