BTC: Spot Buyers Enter Below $62K With CVD Divergence

BTC saw spot buyers defend below $62K with clear CVD divergence while perps printed short covering and fresh longs, setting up a push toward the $66K-$67K supply area.

Price currently trades at $63812.71 inside a bearish structure with EMA50 at $70349.34 and EMA200 at $74990.24 acting as overhead resistance. RSI at 26.85 signals oversold conditions while MACD remains deeply negative at -2440.82 after the death cross. With price testing lower Bollinger support near $61357.73, a bounce toward upper band resistance at $73517.82 remains the base case before any sustained move higher, provided the $62K level holds as the key invalidation trigger for a deeper run of the lows.