Bitcoin (BTC/USD) — 1H Bitstamp

BTC is showing some real energy today, up +1.46% and trading around $64,896. What happened here is actually pretty textbook — the chart had a bearish divergence brewing for a few days (price was making higher highs but the MACD was quietly rolling over with lower highs), and sure enough, price pulled back to shake out the weak hands. Now it's bouncing back hard and heading straight toward the $65,700 resistance level, which is the next big test for bulls. If they can break and close above that cleanly, the path opens up toward $66,000 and beyond. On the flip side, if BTC gets rejected there, the first cushion to watch is the $61,600–$62,400 demand zone, with a stronger floor sitting at $60,800 below that. One thing worth noting — the MACD is still at –3, meaning it's still below zero. The momentum is recovering, but it hasn't fully confirmed a bullish shift yet. ADX at 23 shows the trend is picking up steam, so keep an eye on that MACD crossover above zero as the real green light.