BTC BULLISH · 1h

In 3 lines

• Bitcoin defended the $62,000 area twice, rallied off that base, and is now pausing for breath just under $64,700.
• About half that rally is given back at 64,050-64,260, where short- and mid-term average price lines, and the level buyers last defended, all overlap.
• If the prior low at 63,853 breaks, the whole rebound structure fails, which is why the stop sits just beneath it at 63,780.