Title: BTCUSD 1H – Bearish Rejection at Major Resistance, TargetBitcoin / U.S. dollarBITSTAMP:BTCUSDBIGBULL-RUN The 1-hour BTC/USD chart shows price rallying within an ascending channel after breaking out of a previous consolidation range. Price has now reached a strong resistance zone (highlighted in red) around 64,400–64,500, where sellers have repeatedly defended the level. A bearish rejection is anticipated from this resistance, with the expectation that price will move lower toward the marked target at 62,419. This downside target aligns with previous support and the lower area of the recent bullish structure, making it a logical profit-taking zone for a short setup.