The BTC rate has updated its local high today, reaching $64,133. The price has tested a very important volume and mirror level of $64,120. It has not yet managed to consolidate higher.

An important point on the four-hour TF is the potential start of a correction according to the trend reversal indicator. It showed a clear low on the correction on the four-hour TF on September 16, let's see how it is this time.

At the same time, on the daily TF, this indicator showed a signal break on September 16-17, and this is no longer just a high, but a new ascending structure of candles.

While the ascending structure on the daily chart remains, the growth is in force. We will also remind you of the important supports for the continuation of this uptrend:

- EMA 50 daily TF (currently at $59,826),

- EMA 200 daily TF (currently at $59,383),

- volume level $59,335.

Plus or minus, EMA 50 of the four-hour TF ($60,189) and EMA 200 of the four-hour TF (lies at the volume level of $59,335) are now nearby. All this creates a significant support range.

Given the number of erroneous expectations for the waves in recent days, we have removed them from the chart altogether. We rely on other instruments. But we will keep in mind that the decline from August 25 may be an extended ABC correction of the growth from August 5 to August 25. Until the August 25 high of $65,000 is rewritten.

Our P73 Trend & Target Dynamics shows#BTCin the UP zone on all hourly TFs and on the daily one. On the daily one, the basic targets, let us recall, are $62,816 (already worked out yesterday), $65,400 and $67,815.

On the 15-minute TF, two hours ago the asset moved to the DOWN zone with basic targets of $63,050 and $62,839. The basic stop-loss of the idea is $63,742.