Bitcoin: Trader Eyes $63150 Support Test

Bitcoin posted a strong upward move as @CryptoMichNL flagged immediate resistance at $63,800 and a critical support test at $63,150-63,300 that must hold to prevent a sweep toward $62,200. A successful defense opens the path to $65,000 within the week and modest altcoin bounces.

Price at $63479.23 sits right on the upper Bollinger Band at $63457.42 while the EMA50 at $63545.82 and EMA200 at $63685.21 cap upside in the prevailing bearish structure; the MACD golden cross at -73.56 supplies the only bullish confluence, suggesting a healthy pullback to the 50-EMA before any sustained continuation higher.