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Bitcoin has now been rejected from the same resistance zone twice in less than a week. This suggests buyers are still struggling to reclaim the $65,000-$65,700 region, with sellers continuing to defend higher prices. At the same time, the $64,000 support level continues to hold, keeping the current market structure intact. Our view: Bitcoin is compressing between two key levels, and periods like this are often followed by a stronger directional move. A confirmed break and hold above $65,700 would strengthen the case for a move towards the next major resistance around $67,200. However, a loss of $64,000 would likely shift momentum in favour of the bears, with the $61,000 region becoming the next key support to watch. For now, confirmation matters more than prediction. Until one of these levels breaks, Bitcoin remains range-bound.

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