Analyst: The key resistance level of BTC is effective again, and the chip signal is correct once more.
2026-08-04 12:20:54
According to CoinMeta, as previously mentioned in the in and Pro news alerts, the lower boundary of the value zone for BTC testing was at $62,561, with strong resistance above at the price level where the most transactions occurred ($63,935). The results showed that after briefly falling below $62,561, the price quickly rebounded, returning to the value zone and then rose back to around $63,935, but failed to break through effectively. It eventually fell back and fluctuated between that level and the lower boundary of the value zone. Currently, $63,935 remains the most critical breakout point for BTC in the short term. Only by stabilizing at this level with increased trading volume can there be hope for further upward movement; for support below, the lower boundary of the value zone at $62,561 should continue to be monitored.
Source:Internet
This content is for market information only and does not constitute investment advice.
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