Bitcoin holds above $62,500, bulls aim above $64,500 to test $66,500

Bitcoin bounces above $62k. Bulls eye a $64.5k–$65k breakout for follow‑through.

Bitcoin built a base over $60,000 and reclaimed $62,000–$62,200, staying above $62,500 and the 100‑hour SMA. It broke a bearish trend line near $61,500 on the hourly chart, and retraced over 23.6% of the downward move from $74,100 to $59,107.

Bears capped price near $64,000. A close over $64,500, then $65,000, opens $66,500 and $68,500. The next barrier is $70,000.

- Supported above $60,000 per NewsBTC analysis
- Hourly chart break near $61,500 shown on the posted chart
- Drop from $74,100 to $59,107 referenced by NewsBTC
- First resistance $64,500
- Breakout level $65,000
- Next targets $66,500, $68,500, $70,000
- Immediate support $62,800
- Major supports $62,500, $62,000
- Deeper support $61,500, $61,200

MACD leans bullish. RSI sits above 50.