Bitcoin approaches $64,100 resistance as buyers lose momentum

**BTC charts show $64,100 as key short-term resistance**

Bitcoin’s recovery is nearing a technical barrier at $64,100. Analyst Zip says this level aligns with a 1:1 correction and 38.2% Fibonacci retracement on the H4 chart — a zone traders are watching for reaction.

If price rejects here, sellers still control. Acceptance above it could open room for stronger upside, provided volume confirms.

Another TradingView analysis from LegionQ8 shows BTCUSDT broke above a buyer zone near $61,800 but lost momentum, triggering a new breakdown. Market focus is now on whether this area holds as support.

The $64,100 level is not a single magic number — it’s a decision point. Rejection reinforces bearish structure. Reclaiming it would back the bull case from the recent bounce.

For now, BTC trades between strong supply above and strong demand below. Short-term traders are watching reaction, not making long-term calls.

Sources: Zip on X, LegionQ8 on TradingView.