Current Outlook: Bitcoin has surged from the demand zone, stabilizing above $64,905. Trading above $64,910 suggests further upward movement, potentially breaking $70,000. The price is expected to consolidate between $64,900 and $70,000 until a breakout.
Bullish Scenario: If Bitcoin remains above $66,180 and $64,900, it could trend towards $70,000. Stability above $70,000 confirms a bullish trend, targeting $73,800.
Bearish Scenario: Stabilizing below $62,400 targets $59,950. A 4-hour candle close below this level confirms a downtrend.
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