BTCUSD 15M | Key Support Retest Could Shape The Next MoveBitcoin / U.S. dollarBITSTAMP:BTCUSDjimmy-trader1Bitcoin has gone through a strong downward move from the 65,000+ region and is now attempting to establish a short-term base around 63,800. The current price is approximately 63,842, with the chart showing a clear consolidation zone. The first important support is around 63,750. If this level does not hold, the next technical areas are approximately 63,550 and 63,300. The projected structure on the chart then shows a possible recovery sequence with several intermediate reactions. Key Technical Levels: Support 1: 63,750 Support 2: 63,550 Support 3: 63,300 Resistance 1: 64,150 Resistance 2: 64,350 Resistance 3: 64,700 Possible Structure: 63,750 → 63,550 → 63,300 → recovery → 64,150 → 64,350 → 64,700 The most important point is the reaction around the 63,300–63,750 support region. If price starts forming higher lows from this area, the recovery structure shown on the chart becomes more relevant. On the other hand, sustained trading below 63,300 would weaken this setup and suggest that the chart should be reassessed.