Will Bitcoin Bounce Before the Next Drop?BitcoinOANDA:BTCUSDAdrian_NovaTraderBitcoin is now testing the 62,800–63,000 area after a sharp rejection from the 65,000–65,200 H4 OB. My view for today: I expect a short-term bullish reaction from the current liquidity area first, with price potentially recovering toward 63,600–64,400. However, unless BTC reclaims 64,400–65,200, I would treat this as a retracement within the broader bearish structure. 📌 Today’s Plan Bias: Short-term bullish retracement → bearish continuation Entry Zone: 62,800–63,000 SL: 62,150 TP1: 63,600 TP2: 64,200 TP3: 64,400 The key condition is the 62,800–63,000 area holding. A sweep below 62,800 followed by a strong H4 recovery would strengthen the bounce scenario. If price reaches 63,600–64,400 and shows clear rejection, this becomes the main area to watch for the next bearish move toward 62,200 liquidity. Invalidation: A sustained H4 break below 62,150 would invalidate the bullish retracement scenario and expose the 61,600–61,400 SSL zone. 🎯 Market Path 62,800–63,000 → reaction 63,600 → TP1 / first resistance 64,200 → TP2 64,400 → major reaction area 62,200 → downside liquidity if the bounce fails Key Insight: I’m not expecting a straight move in one direction. The higher-probability path I’m watching is a reaction from current liquidity, a retracement higher, then another decision around 64,400.