Bitcoin: Holds Near $63.6K as Flows Stabilize
Bitcoin holds near $63,697 with weak spot liquidity and ETF outflows keeping conditions subdued while stabilizing capital flows ease selling pressure.
SourceAnalysis
Bitcoin holds near $63,697 as weak spot liquidity, ETF outflows and loss realization keep conditions subdued.
Stabilising capital flows suggest selling pressure may be easing, but conviction remains limited after the past six months of choppy BTC price action and persistent crypto market liquidity constraints.
Price tests upper Bollinger resistance at $63,613.78 with RSI(14) at 59.79 while the 50-EMA sits at $63,557.69 as concrete support; a healthy retracement to that level looks probable before any continuation attempt amid the neutral momentum reading.
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