Bitcoin: Tops $62,000 on 7% Three-Day Surge
Bitcoin trades above $62048.83 after 7% gains in three days while Ethereum jumps 12% to $1740 amid bullish MACD signals.
SourceAnalysis
Bitcoin trades above $62048.83 after a 7% advance in three days while Ethereum reaches near $1740 with a 12% move over the same period.
Price action shows Bitcoin holding inside Bollinger Bands with the upper resistance at $62931.19 and lower support at $57687.24. The 50-EMA at $60768.74 continues to act as immediate support beneath price while the 200-EMA at $64799.51 caps upside. MACD registers a bullish golden cross at 531.07 and RSI at 63.44 remains neutral, suggesting continuation toward the upper band before any deeper pullback to the 50-EMA. Bitcoin price above $62,000 historical context 2026 and Ethereum 12% surge vs Bitcoin July 2026 drivers both align with the current momentum structure.
Kashif Raza
@simplykashifThis personal account shares perspectives on technology startups and digital innovation, with content spanning AI advancements, software development trends, and entrepreneurial strategies for building tech-focused businesses.