Bitcoin rebounds above $67k, weak momentum caps gains under $68.8k

BTC rebounds above $67k, stalls under $68.5k. A close over $68.8k opens $69k–$70k; failure risks a pullback.

Bitcoin bounced from $65k and now trades above $67.5k and the 100‑hour SMA. Price consolidates below $68.5k.

NewsBTC tracks the move after the slide to $65k and the rebound above $66k and $67k here. The pair also sits above the 100‑hour SMA per the same coverage here.

Levels to watch:
- Resistance $68.5k and $68.8k
- Stretch targets $69.25k, $69.5k, $70k
- Support $67.2k and $67k
- Deeper supports $66.2k, $65.5k, $65k

Context:
- Bearish trendline broke near $67,350 on Kraken data
- Hourly RSI above 50
- Hourly MACD losing bearish momentum

Headline: BTC holds $67.5k above 100‑hour SMA; $68.5k–$68.8k is the cap for now