BTC Fights to Defend $62,200 Liquidity Zone Ahead of $64,500 Breakout
Bitcoin is hovering near $63,000 as traders wait to see if buyers can defend the $62,200 liquidity zone and push price back above $63,400.
A confirmed breakout could open the door towards $64,500-$65,000, while another rejection may send BTC back toward lower support areas.
Kaz expects a possible downside liquidity sweep before Bitcoin attempts to recover toward the equal highs around $64,500. The chart shows this as a short-term trading scenario rather than a confirmed move.