Latest Update
8/7/2026 10:51:00 AM

BTC: Recovers to $65K After 62.5K Low

BTC: Recovers to $65K After 62.5K Low

BTC rebounds from 62.5k to near 65k this week, absorbing strategy selling and security incidents while testing upper Bollinger resistance at $65052.

Source

Analysis

BTC climbed from the 62.5k level early this week back toward 65k despite layered selling pressure and macro headwinds.

Strategy selling combined with a major security incident tested market resilience over the past six months, yet price action held above the 200-EMA at $63647.76.

Price now tests upper Bollinger resistance at $65052.51 with RSI at 64.5 and MACD confirming a golden cross; a measured pullback toward the 50-EMA support at $64100.41 offers the next high-probability entry before continuation higher in standard BTC price prediction models.


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