Bitcoin Reclaims Higher Range — What's Next?Bitcoin / US DollarCOINBASE:BTCUSDinchartswetrustHello traders! In my previous post, I warned that after the consecutive breakdown of nearly all major support levels: “the next attempt at a bounce and consolidation would likely come from the 60,000 level.” That is exactly how the market played out. We saw a strong reaction from 60,000, followed by a quick recovery not only back into the 60,000–62,500 range, but even one step higher — into the 62,500–64,890 range. ❗️📈It is now very important to watch how price behaves as it approaches 64,890. The reaction at this level should give us a good indication of the short-term direction. • If we break above this level, the next target could be 67,600. • If price gets rejected, we could fall back to 62,500 and potentially even revisit 60,000. On the positive side, we have finally stopped forming lower highs and lower lows, which gives the bulls some room to breathe. On the negative side, there is a very clear bearish divergence on the 1-hour chart, which may require a cooldown before any further upside. Peace everyone 🌄