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.
Николай Криштопов — рыночный аналитик Investizo с более чем 15-летним опытом работы в индустрии финансовых рынков и более чем десятилетним опытом трейдинга. В сферу его интересов входят валютный и криптовалютный рынки, технический анализ, внутридневная торговля и поведение рынка.