Bitcoin H1: Buyers protect the bottomBitcoin vs US Dollar, Spot CFDBITSTAMP:BTCUSDAllison_LutherXBitcoin is still trading within a short-term bearish structure, but the 62,300–62,500 support zone has repeatedly prevented the price from extending lower. The consecutive reactions in this area show that the selling force is gradually being absorbed, while the buying side still maintains its presence around the bottom. At current prices, BTCUSD may have one more correction to retest support before recovering. If the price continues to hold above 62,300 and a clear bearish rejection H1 candle appears, the possibility of forming a short-term bottom will be reinforced. As BTC reclaims the 63,200–63,400 zone, bullish momentum could extend towards 63,800, then head towards the bearish trendline around 64,300. This is a reasonable target area, as well as an important resistance that can determine the next direction. Buy observation zone: 62,300–62,500 Confirmation conditions: H1 candle refuses to decline and price regains 63,200 Near target: 63,800 Main target: 64,300 Invalid: H1 closed clearly below 62,200 BTC has not confirmed a major trend reversal, but as long as the bottom is still protected, a recovery to test the trendline is still the preferred scenario.