Bitcoin Stuck in Neutral at $64,000
Bitcoin has reached a stalemate around $64,000, but there's no clear signal for further gains. The cryptocurrency remains stuck in a narrow range, with resistance levels at $66,000 to $67,000 and $72,000 still holding strong.
The on-chain indicators have weakened slightly, but the overall picture is not yet bullish for BTC. In fact, the recent move above $60,000 has been interpreted as more of a squeeze than a trend reversal.