Bitcoin Technical Analysis – H1
Bitcoin’s decline has paused near $63,750, yet the move does not appear exhausted. Key support at $62,300 sits almost $2,000 below the current price.
Bitcoin’s decline has paused near $63,750, yet the move does not appear exhausted. Key support at $62,300 sits almost $2,000 below the current price of $64,215 and remains the market’s primary downside magnet. The recent upward pullback shows characteristics of a local bearish flag — a classic continuation pattern that typically precedes further declines.
Key Levels:
□ Resistance / pullback zone: $64,500–$64,600
□ Recent low / pause zone: $63,750
□ Primary support / target: $62,300
Primary Scenario:
Pullback toward $64,500–$64,600, followed by a fresh decline targeting $62,300.
Alternative Scenario:
Immediate decline from current levels without a meaningful rebound.
Analyst Commentary:
Despite persistent selling pressure, Bitcoin is gradually shedding its “hysterical” behavior of collapsing on every stress event while completely ignoring key technical levels.
Nikolai Krishtopov es analista de mercado en Investizo, con más de 15 años de experiencia en el sector de los mercados financieros y más de una década de experiencia operando. Sus áreas de interés incluyen los mercados de forex y criptomonedas, el análisis técnico, el trading intradía y el comportamiento del mercado.