Bitcoin: Reclaims $65,000 With $50B Market Cap Gain
Bitcoin reclaims $65,000, up $1,850 in 12 hours after adding $50 billion to market cap while $155 million in crypto positions liquidated.
SourceAnalysis
Bitcoin reclaims $65,000 after a sharp $1,850 rally in twelve hours that lifted its market cap by $50 billion, triggering $155 million in liquidations across crypto markets.
Price action on the 4h chart shows BTC testing upper Bollinger resistance at $65,137 while the EMA50 at $64,196 holds as immediate support beneath a bullish MACD golden cross of 120.63 and neutral RSI at 61.75, suggesting a brief consolidation before continuation toward the EMA200 at $68,434.
Bull Theory
@BullTheoryioResearch, Trades, onchain plays and all other crypto stuff simplified.Publishes institutional-grade cryptocurrency research and blockchain market intelligence. Delivers in-depth analysis of on-chain metrics, tokenomics, and decentralized finance (DeFi) ecosystems. Features proprietary data models, investment thesis breakdowns, and macro-level crypto trend forecasts. Provides strategic insights for sophisticated investors navigating digital asset markets. Maintains rigorous methodology in fundamental and technical analysis across crypto assets.
Premium Sponsors
.jpg)
