Bitcoin: Weak Spot Demand Limits $64K Recovery

Bitcoin recovered toward $64K yet weak spot participation and subdued on-chain activity show the move lacks broad conviction, with institutions returning while options stay defensive.

Price tests the upper Bollinger resistance at $64816 while the bearish MACD death cross and neutral RSI at 43.17 point to a likely retracement toward EMA50 support at $63256 before any sustained continuation in BTC price prediction scenarios.