BTC/USD has rallied strongly from the recent accumulation range and is now testing a major resistance zone around 63.1K–63.8K, which aligns with the descending liquidity trendline (BSL). Price has also broken below the short-term ascending trendline, suggesting bullish momentum is weakening.
If sellers maintain control below the resistance zone, a corrective move toward the 61,463 support level becomes the primary scenario. A clean break back above resistance would invalidate this bearish outlook and could trigger further upside.
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