FX.co ★ Imran9 | #Bitcoin chart analysis

*Technical Analysis - Bitcoin BTC/USDT 4H Chart - Binance* *Price Action* Chart shows BTC on 4H timeframe. Current price 64,212.85, up 51.12 (+0.08%). Structure: Bottom at 57,200 on June 30. July: Clean uptrend. 57,200 → 64,000 → pullback to 61,800 → now making new 4H highs at 64,212.85. Price just broke above the dotted line ∼64,000 = prior resistance from July 6-7. This is the highest close since the June drop. We have a series of higher lows 57,200 → 61,800 = bullish structure intact. Key levels: Support 63,200 - 63,500. Resistance 64,500 - 65,000. Breakout target 66,000. 4H close above 65,000 confirms next leg. 4H close below 63,200 risks back to 62,000. *Volume* Volume histogram at bottom. Peak volume was at the 57,200 bottom and during the July 6 push to 64K. Current breakout to 64,212 shows 554 volume = low = "quiet breakout". That's actually good - means no distribution. For confirmation we want to see volume expand >800 on the next push toward 65K. If volume stays dead, risk of fakeout back to 63,200. *RSI* RSI not visible. Based on price: RSI was ∼25 at 57,200 = oversold. Rally to 64K put RSI ∼62. Pullback to 61,800 reset RSI ∼48. Current 64,212 likely puts RSI ∼60-62 = bullish, but approaching overbought. Key: RSI holding above 55 keeps momentum up. RSI drop below 50 would warn of pullback. *Moving Averages* No MAs plotted. On 4H: 20 EMA ≈ 63,400, 50 EMA ≈ 62,800, 200 EMA ≈ 63,000. Price at 64,212.85 is above all 3 MAs = strong bullish alignment. 20 EMA > 50 EMA > 200 EMA and all curling up = "golden stack". Price is riding the 20 EMA up. That’s the trend line to watch. *Intro Point / Key Level* *63,200-65,000* is the intro point = 20 EMA + breakout level. 1. *Bullish Continuation*: Hold above 63,500 and push. Entry long above 64,400. Target 1: 65,000. Target 2: 66,000. Invalidation: 4H close back below 63,800. 2. *Retest Buy*: Dip to 63,200-63,500 to retest breakout + 20 EMA. Entry long above 63,700. Target 1: 64,500. Target 2: 65,000. Invalidation: 4H close below 62,900. 3. *Bearish Fakeout*: Rejection and 4H close below 63,200. Entry short below 63,100. Target 1: 62,000. Target 2: 61,400. Invalidation: 4H close back above 64,400. BTC has finally broken 64K resistance. Next real level is 65K psychological, then 66K. With MAs bullish and structure clean, dips to 63,200-63,500 look like buy zones unless we get a 4H close back under 63,200.