is trading within a short-term bullish trend on the 4-hour chart after successfully rebounding from the key demand zone around $62,700. The price established a higher low before accelerating higher, reclaiming its position above the moving average. The chart also shows the completion of a bullish harmonic pattern near point C, followed by a breakout of the latest swing, lifting Bitcoin toward the $64,900–$65,000 area. This price action suggests that buyers remain in control, with the bullish outlook intact as long as BTC holds above its key support level.
From a technical perspective, Bitcoin is facing immediate resistance at $65,000. A decisive breakout and sustained close above this level would strengthen the case for a continued advance toward $66,300, followed by the major resistance zone at $67,253, where increased selling pressure and profit-taking could emerge. Bullish momentum also remains supportive of further gains, particularly as long as the price continues to print higher lows and holds above the ascending trendline visible on the chart.
On the downside, the possibility of a short-term correction remains if BTC fails to establish itself above $65,000. In that scenario, the price could retest the $63,700–$62,700 support zone before attempting another move higher. A confirmed break below $62,733 would weaken the bullish outlook and expose Bitcoin to a deeper decline toward $60,744. Therefore, effective risk management and close monitoring of price action around current resistance levels will be crucial in determining the next directional move.
Support: $62,733 │ $60,744 │ $57,149
Resistance: $65,000 │ $66,300 │ $67,253
investment advice. Past performance is no guarantee of future returns. Seek independent advice before making decisions. ” src=”https://media.investing.com/images/e62ef75e64fb8c43abb46ba6e9b5765b_20260715040153.jpg” alt=” 15.07.2026 – Bitcoin – BTCUSD – Chart powered by TradingView. Charts are for educational and illustrative purposes only and may differ from live trading prices on our platform. Disclaimer: The chart reflects the analyst’s opinion and does not constitute investment advice. Past performance is no guarantee of future returns. Seek independent advice before making decisions. ” width=”474″ border=”0″/>
