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April 3 Bitcoin Update – BTC’s Important $64k Support Level

Over the past 2 weeks $BTC has successfully flipped the yellow resistance line into support. Last week I expressed my concerns for bears because BTC formed a strong rebound off this support level. This week the trend has completely changed with BTC now losing support at the yellow trendline again. However, there is still plenty of time and price action for the rest of the week. I have $64k as an important support level for BTC bulls to defend here. So far there has already been a brief rebound. If $64K doesn’t hold, I have the white support line as my next key support target around $58K.

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