Bitcoin: Rebounds to $65.1K in Range-Bound Action

Bitcoin rebounded from $64K to $65.1K yet holds inside a tight range as softer leverage, ETF outflows and muted on-chain activity drive cautious consolidation.

Price sits at $64693.59 beneath the EMA50 at $64825.23 while above the EMA200 at $63933.63, confirming the bearish trend structure on the 4h chart. With the MACD at 2.73 printing a golden cross and RSI at 47.14 remaining neutral, BTC tests the upper Bollinger Band resistance at $65458.72; a healthy retracement toward the 50-EMA support near $64825 appears probable before any sustained continuation.