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$BTC 4H Structure - Levels to Watch
Seeing some consolidation around the current $BTC levels. The 4-hour chart shows decent support forming at roughly $64,000, which has held multiple retests. On the upside, resistance is still present around the $65,500 - $66,000 zone. A break and sustained close above that could see a move towards $67,500. Conversely, a failure to hold $64,000 could open up a retest of $62,800.
Key observations:
- RSI: Trending neutral, not showing clear overbought/oversold signals yet.
- Volume: Slightly declining during this consolidation, suggesting indecision.
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