$BTC Bitcoin is consolidating just below a critical resistance zone. The structure leaves room for both continuation and a corrective pullback.
🔹 Bigger Picture (Weekly Chart)
BTC is pressing against the $64,500 – $66,000 resistance band.
A clean breakout would open the way toward $72,000 – $74,800.
Failing to break here risks a pullback toward the $56,000 – $58,000 demand zone.
🔹 Alternate Bullish Scenario
If the November 2022 low marked the end of the correction, BTC may already be in a larger Wave 3 advance.
In that case, targets beyond $80K – $90K remain on the table over the coming months.
🔹 Shorter-Term (Zoomed-In)
Support sits at $61,200 – $62,000 and $59,500 – $60,000.
A break above $66,200 would signal momentum is back with bulls.
Losing $59,500 would shift bias toward a deeper retracement.