Bitcoin's price has been fluctuating in a zigzag pattern, but recently found support at $60,600 and began recovering. To gain upward momentum, it needs to surpass the $63,200 resistance area. Let's examine the key levels to watch in Bitcoin's price movement.

Bitcoin discovered support near $60,600 and initiated a corrective wave, trading currently at $62,800. If it fails to rise above $63,200, immediate support levels are at $62,400 and $61,200, with the first major support at $62,000. A close below this level might lead to a decline towards the $60,600 support region.

However, key indicators suggest a potential short-term recovery and resistance. The hourly MACD indicator is gaining momentum in the bullish zone, and the hourly RSI is above the 50 level, implying potential short-term resistance. If Bitcoin clearly breaks above $64,350, it could gain momentum towards higher price levels, potentially rising to $67,500 if it closes above the main resistance level of $65,500.