Bitcoin: Stabilizes Near $65K as Institutional Demand Softens

Bitcoin traded between $61K and $67K before stabilizing near $65K, with institutional demand softening while resilient holder behavior and stable futures positioning maintain a constructive backdrop.

Price action on the 4h chart shows BTC testing upper Bollinger resistance at $65101.69 with RSI at 60.78 remaining neutral and MACD holding a bullish golden cross at 110.35. The 50-EMA at $64190.56 continues to act as immediate support while the 200-EMA at $68432.77 caps upside, suggesting a brief consolidation before any continuation higher.