BTC Bounced Off 63,006 - Back To The Range Edge.Bitcoin / US DollarCOINBASE:BTCUSDvirDeStateraBTC Bounced Off 63,006 - Back To The Range Edge. Tuesday's swept-low bounce played out. BTC held 63,006, reversed, reclaimed 63,796, and is trading 64,369 - back at the underside of the 64,400 range floor it lost. The hourly conviction is top-quartile with a long thesis, though the 4H is reading disbelief. This is the shakeout scenario doing its work, but it has carried price right back to the level it broke, which now acts as resistance. A recovery into the underside of the broken range. Neutral. Resistance: 64,400.89 - the lost floor, now resistance Key resistance: 64,999-65,033 - the announcement and range shelf Current price: 64,369 Support: 63,796.21 - reclaimed, first to hold Key support: 63,006.14 - the bounce low Structural floor: 62,459.75 - deeper support Two paths from here: It reclaims 64,400 and the breakdown fully fails. If BTC pushes back through 64,400 and holds, the range break was a bear trap and price is back inside toward 65,033. Top-quartile hourly conviction is the fuel - the 4H disbelief just has to convert. It rejects the broken floor. A recovery that stalls at the underside of a lost level is a classic lower high. A rejection at 64,400 and a loss of 63,796 puts 63,006 back in play, and a failed retest confirms the breakdown. BTC bounced clean off the swept low but has run right back into the floor it lost. 64,400 flipping back to support says trap; rejecting there says the breakdown stands. The retest is the tell. Built with SYNTHESIS v3.3 | SOM / ACE / IMP / SYNTHESIS Study, not financial advice.