Bitcoin: Stabilizes Near $65k With Stronger Taker Demand

Bitcoin has stabilised near $65k, with stronger taker demand, robust institutional inflows and easing downside hedging, according to Glassnode data.

Subdued spot liquidity and weak on-chain activity metrics continue to signal that the recovery remains tentative, echoing Bitcoin price history at $65k level and institutional inflows patterns seen over the past year.

On the 4h chart, BTC trades inside the Bollinger Bands near $64774.73 with EMA50 at $64577.11 acting as immediate support and EMA200 at $63780.82 providing deeper floor; the MACD death cross at 158.38 flags short-term momentum loss while neutral RSI at 49.14 suggests price may test upper band resistance at $65255.9 before any sustained push higher.