BTCUSD H1 ANALYSIS

BTCUSD H1 Analysis

Price has broken below the descending trendline and is testing a key support zone around 62.0k–62.2k. A successful rebound from this area could trigger a corrective move toward 63.0k–64.0k resistance. However, sustained weakness below support may keep bearish pressure intact.

Bias: Neutral to Bullish (if support holds)

Key Support: 62,000

Key Resistance: 63,000 – 64,000

Trade with proper risk management and wait for confirmation before entry.