Bitcoin Consolidating Below Resistance | Monitoring the Next Tec

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Bitcoin Consolidating Below Resistance | Monitoring the Next TecBitcoin / U.S. dollarBITSTAMP:BTCUSDMrgoldtrade2BTC/USD continues to trade beneath a descending trendline after a sharp intraday recovery from support. Price has entered a consolidation phase between nearby demand and resistance zones, creating an area where the next directional move may develop. The illustrated projection represents one possible technical pathway based on the current chart structure. If resistance continues to limit upside momentum, price may gradually revisit lower support levels. Alternatively, a confirmed move above the highlighted resistance zone could shift attention toward the next higher resistance. Technical Levels Resistance Zone 64,750–64,800 65,200 65,600 Support Zone 64,350–64,450 64,000 63,600 Potential Price Objectives Initial objective: 64,350 Second objective: 64,000 Final objective: 63,600