Bitcoin: Rejects $64000 After Lows Sweep

Bitcoin bounced from the sweep of lows but faced immediate rejection at the $64000 resistance, leaving the asset in a neutral zone between $59000 support and the $64000-$65000 area according to trader @CryptoMichNL.

With BTC price at $61427.26 inside the Bollinger Bands, the upper resistance at $64192.77 aligns closely with the EMA50 at $64182.68 as concrete overhead supply while the EMA200 at $71438.45 marks longer-term resistance; the MACD death cross at -494.65 reinforces bearish trend structure even as RSI at 40.88 stays neutral, suggesting limited conviction until a full reclaim of $64000 or deeper test of $59000 triggers fresh positioning in this BTC price prediction and Bitcoin support resistance setup.