Bitcoin Bounces Off Moving Average Wall Amid Ongoing Exploit

Bitcoin's price continues to show resilience in the face of significant challenges. Despite being up 1.6% over the past 24 hours, reaching a high of $64,160 on Tuesday, the cryptocurrency remains below its crucial moving averages.

The recovery comes after a self-custody exploit drained 1,816 BTC from more than 5,200 addresses since July 30, with the attacker using a flaw in firmware to steal coins. The largest corporate holder also disclosed its second-biggest sale of 2026, liquidating 1,638 BTC at an average price of $63,957, generating $104.73 million in proceeds - 15.2% beneath the company-wide average purchase price.

The market capitalization sits at $1.33 trillion, with a 24-hour range from roughly $62,900 through $64,160. The structure underneath is not neutral, as Bitcoin remains below its 20-day exponential moving average at $64,288 and other key levels.

The immediate map is tight, with resistance stacks at $65,300 to $65,500, then $66,500, then $66,700 with $67,000 above it. Support runs $63,000 to $63,800, with a breakdown exposing $61,300 to $62,000 and below that, $57,800 to $58,200.