On the lower side, the $64,500 low and all liquidity beneath it remain largely untouched, making this a critical zone to monitor. When the market reaches these levels, traders will be watching for either high-probability reversals for long entries or continuation shorts if the support fails.
The interplay between the range high at ~$71,422 and the lows around $64,500 will likely dictate the next significant swings, offering strategic opportunities for those tracking both sides of the market.
Bitcoin Eyes Short-Term Breakout Before Possible PullbackOn the downside, the H1 support at $68,000 remains critical. A clean break below this zone could accelerate the drop earlier than expected, confirming the bearish channel. Maintaining awareness of both the short-term push higher and this key support will help identify high-probability setups in the immediate timeframe.
