Source: TradingView

BTC Update

Trend: Rising, but needs confirmation at the m15 resistance.

BTC is retesting the m15 resistance area; if this resistance holds, the price could continue to rise. However, a clearer confirmation is needed, especially if the price breaks above 63,300.

Main Scenario

• Holds the m15 resistance → the uptrend continues.
• Breaks above 63,300 → confirms buying pressure, the nearest target is 65,000.
• Gets rejected at the resistance → a pullback is likely before the next direction is determined.

Current Perspective

• During the US session, the market may provide clearer results: confirm break or switch to a pullback wave.
• It's better to wait for a confirmation signal rather than entering early when the price is still indecisive.