Bitcoin price is holding above $62,000 support, but weak volume participation raises concerns that the current bounce lacks strength and downside risk remains.
Summary
- Bitcoin defending $62K support within broader range structure
- Low volume signals weak bullish conviction
- $60,000 range low remains key downside target if weakness continues
Bitcoin (BTC) price action has entered a consolidative phase after weeks of corrective movement, with the market recently testing daily support near the $62,900 region. This level has so far held firm, preventing an immediate breakdown and allowing price to stabilize within the broader trading range. While the defense of support…
