Crypto
Bitcoin Reclaims $64K, Pressure On To Prove $65K Next
Bitcoin (BTC) has reclaimed the $64K mark, with its price currently trading at $64,162. This development has put pressure on the market to prove that $65K is next.
The dominant asset in the market, Bitcoin ($BTC), is experiencing a bullish setup, with buyers firmly in control of the underlying market structure. The 24-hour price range for BTC is between $63,246 and $64,515, indicating a consolidation within a tight range of $61.8K, $67.3K.
The short-term momentum is extremely stretched, and a clean break above $65K would confirm the bullish setup. However, another rejection from this zone could send the Bitcoin price back toward $63K, $62.5K before another attempt.