The Real Test Begins Above 62.5KBitcoin / US DollarCOINBASE:BTCUSDinchartswetrustHi traders🦬🐻✊🏼 In my previous post, I pointed out that "pressure was building below the 62,500 level" and that "technically, this type of compression often ends with an impulsive breakout." ✅✅✅That is exactly what happened. The compression ended with an impulsive breakout (although not as strong as I had expected). After successfully retesting 62,500 as support over the weekend, Bitcoin continued its move toward the projected 64,890 target, reaching a local high of 63,940. Those who have been following my posts for the past few months know how much importance I place on the 62,500 level. Since February 2026, it has been the source of countless touches, false breakouts, local reversals, and even major trend reversals. It's fair to say that Bitcoin has struggled around this level more than anywhere else🛡️🛡️🛡️ However, it's important to remember that this breakout happened over the weekend, when participation from major market players is typically lower. The first meaningful buying support only appeared at the opening of today's Asian session. ❗️That makes today's U.S. session especially important. It will show whether institutional buyers are willing to support this breakout. ✅If Bitcoin manages to hold above 62,500 today, the next upside targets are: 64,000 – 4H EMA200 64,890 – major horizontal resistance formed in February–March 2026 and confirmed multiple times in June 67,600 – another major horizontal resistance formed in February–March 2026 and confirmed again in June ❌If the U.S. session fails to support the current move and price falls back below 62,500, the most likely downside targets are: 62,500 – now the key support level 61,700–62,200 – a cluster of the 1H EMA100, 1H EMA200, and 4H EMA100 Peace! 🌄