Bitcoin: Rebounds From $64K to $65.1K

Bitcoin rebounded from $64K to $65.1K yet remains trapped in range-bound trading as softer leverage, ETF outflows and muted on-chain activity point to cautious consolidation.

Resilient holders have absorbed selling pressure over the past six months while institutional flows stayed selective.

Price at $64720.12 sits below the EMA50 at $64826.27 in a bearish structure above the EMA200 at $63933.89. The MACD golden cross at 4.85 supports momentum while RSI at 47.55 stays neutral inside the Bollinger band, with upper resistance at $65460.93 and lower support at $63672.69. A test of the upper band could trigger a healthy retracement toward the 50-EMA before any continuation.