Bitcoin Price Holds Bullish Stance Amid Lower Timeframe Weakness
The Bitcoin price remains structurally bullish on the 4-hour chart, but lower timeframes show signs of weakness after a recent market structure break.
Analysts suggest that BTC could pull back towards the $63,500 optimal trade entry zone to form another higher low.
This level is crucial in preserving the bullish sequence of higher lows at $62,000, $62,700, and $63,500.