Crypto
Bitcoin Consolidates Near Key Support Level Amid CLARITY Act Uncertainty
The Bitcoin price remains on track for a move toward $73,000 as long as it holds support near $63,500.
According to analyst EliZ, the key area of interest is the $63,500 level on the 12-hour chart. The wider support zone stretches from approximately $63,250 to $64,000.
If buying continues in this region, it could lead to another push toward the resistance around $70,000, $73,000. However, a confirmed break below $63,000 would signal weakness and invalidate the immediate bullish setup, potentially exposing support at $60,000.