62.5K Holds, But Pressure Is Building!Bitcoin / US DollarCOINBASE:BTCUSDinchartswetrustHello, traders!☀️ Since my last post on Thursday, Bitcoin has finally reached the $62.5K target I was watching. In fact, it has tested this level three times — on Friday, Saturday, and again just an hour ago 🎯 The reaction from buyers is clearly there, and bulls have so far managed to absorb every attempt to break below the level 🛡️🛡️🛡️ 🐻🪓However, the longer Bitcoin remains pinned near the lower boundary of the $62.5K–$65K range, the higher the probability that support eventually gives way, opening the door to a move toward $60K 🦬🚀“The bullish scenario, with upside targets at 67K and 67.6K, will only come back into play if Bitcoin manages to reclaim 65K and, more importantly, hold above it.” I’d also add that any bullish recovery now faces another obstacle: a cluster of 100 and 200 EMAs on both the 1H and 4H timeframes, which are likely to act as resistance🪓 Finally, keep a close eye on the U.S. session open on the first trading day of the month. Increased volatility is certainly possible. Peace 🌄