The levels we have been monitoring for #Bitcoin have indeed materialized as anticipated. Just yesterday, we observed a sweep at precisely $63.7k, which corresponds to the Monday low. Currently, this critical level is maintaining its position as 4-hour support. Provided that this support holds, $BTC has a viable opportunity to retest the $64.7k area, which represents the weekly open. It is reasonable to expect resistance should this level be tested today.

However, the reaction at $63.7k has been relatively muted, with the price struggling to achieve even a 1% bounce. Should this level fail to hold, I will be closely monitoring the $62.5k mark as a potential next area of interest.

#BTC Price Analysis# #Crypto#