Bitcoin: Bounces From 200-Week MA Toward $64K

Bitcoin bounced from the 200-week moving average at higher-timeframe support, holding near $63194.91 as macro conditions stabilize.

Traders watch the $64,000-$65,000 zone as the decisive breakout level that could open runs toward $71,500-$73,000 and the CME gap at $79,000, making current prices an accumulation zone if Michael Saylor adds to holdings.

On the 4h chart, price sits inside Bollinger Bands testing upper resistance at $63862.3 while the neutral RSI at 50.04 and MACD golden cross at -619.9 signal building momentum against the bearish EMA structure where the 50-EMA at $65342.62 acts as immediate resistance and the 200-EMA at $72464.54 remains distant overhead; a healthy retracement toward the 50-EMA support could precede continuation if indices turn green and yields fall.