BTC/USD on the 15-minute chart is showing signs of short-term weakness after failing to sustain momentum above the recent highs near 64,600. The market initially formed a bullish structure with higher highs and higher lows, but selling pressure has increased, pushing price back toward the key support zone around 64,363. The chart highlights a long setup with a target at 65,119 and a stop loss at 64,208, but the current price action suggests that buyers are being challenged.
The support area between 64,363 and 64,208 is now critical. If Bitcoin holds above this region and forms a bullish rejection candle, buyers may regain control and attempt another move toward 64,700, followed by the 65,119 target. This zone could attract liquidity and fresh demand from market participants looking for a continuation of the broader uptrend.
However, a decisive break below 64,208 would invalidate the bullish outlook and increase the probability of further downside movement. Traders should closely monitor volume and price behavior around support, as the next reaction from this level is likely to determine Bitcoin’s short-term direction.
The support area between 64,363 and 64,208 is now critical. If Bitcoin holds above this region and forms a bullish rejection candle, buyers may regain control and attempt another move toward 64,700, followed by the 65,119 target. This zone could attract liquidity and fresh demand from market participants looking for a continuation of the broader uptrend.
However, a decisive break below 64,208 would invalidate the bullish outlook and increase the probability of further downside movement. Traders should closely monitor volume and price behavior around support, as the next reaction from this level is likely to determine Bitcoin’s short-term direction.
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Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.