Bitcoin price action remains tightly compressed around $64,800, suggesting that BTC could be approaching its next significant directional move. Following a recovery from roughly $58,000, Bitcoin has maintained a relatively stable support structure, but major resistance levels continue to prevent confirmation of a broader bullish reversal. BTC is currently trading above its shorter-term moving averages near $64,239 and $63,343. Holding these levels has helped preserve the recent higher-low structure and indicates that buyers remain active after Bitcoins rebound from the $58,000 region….
Source:: Bitcoin Price Nears Breakout Point as BTC Holds $64,800