Bitcoin Coils Beneath Resistance Ceiling as MACD Momentum Flatlines

Bitcoin's price has been coiling at $65,484 beneath a triple-stacked resistance ceiling at $65,967, $66,451. The MACD momentum is flatlining to zero, indicating exhaustion rather than consolidation energy.

The daily ATR of $1,482 confirms that the market can move sharply when it wants to, but right now it's choosing not to. This restraint is itself a signal, according to Ted Hisokawa.

Key levels exposed show that every approach into the $65,900s is just another entry point for the fade trade without genuine volume conviction. The 200-day SMA sits at $72,457, with Bitcoin trading more than $7,000 below its own long-term moving average.