Bitcoin ($BTC ) is once again drawing traders' attention after holding above the $62,000 level despite recent selling pressure. The latest 4-hour chart shows BTC trading around $62,600, recovering from a sharp pullback after failing to sustain momentum near $64,700.
The overall market structure remains constructive, with buyers stepping in to defend key support. If Bitcoin continues to build strength above the current range, the next major objective remains the $65,000 resistance zone. A successful breakout above this level could trigger renewed bullish momentum and attract fresh buying interest.