Bitcoin Chart Analysis — Holding Strong, But Still in Waiting Mode
Bitcoin is resilient, holding steady above the critical $63K level. We’re closely watching this key zone.
However, despite the strength, Bitcoin hasn’t pushed beyond the $64K mark. Why does this matter? It’s simple: above $64K is where the liquidity lies and a move into this zone could ignite a more significant push higher. Right now, Bitcoin’s still in waiting mode.
Things look more promising if you zoom in on the lower timeframes (like the 4H chart). We’ve already made a higher high, and if Bitcoin can hold these levels, we might see a higher low next.
That said, it’s still crucial that we push through $64K to unlock the next move. Until then, the market remains on hold.
However, with these developments on the 4H chart, the odds of an upward breakout are increasing from my perspective.
Eyes on $64K—this will be the key to Bitcoin’s next move.