Bitcoin just did exactly what it needed to do.

$62,400 was the key level holding this range together.

So far, buyers have stepped in and defended it.

Now the focus shifts higher.

If Bitcoin can continue holding above $62,400, then the next level we're looking at is $63,500.

That was previous support, and previous support often becomes resistance on the way back up.

If buyers can reclaim that level, then the next major area on the chart sits around $67,241.

For now, the bounce matters.

The question is whether buyers have enough strength to turn it into something bigger.$BTC

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