Brothers, a few hours ago I said $BTC 64542 was a hurdle, and now looking back, wow, it just stepped right over it. $BTC current price is 64594.9, quietly touching the line I was watching, let's give myself a round of applause first.
Looking at the 4-hour chart in a longer view, I realized this is how it’s been tossing around for over a month. Around June 20th, it surged to 67300, then slid down like a slide all the way to 57809.4, a drop of nearly 14%, probably breaking many people's mentality those days.
After climbing out of that pit, this past month has basically been a mix of consolidation while quietly raising the bottom. Now it’s back near 66000, the old spot repeatedly tested in July, acting like nothing happened.
The moving averages now show a standard bullish alignment, with MA5, MA10, and MA20 stacked upward layer by layer. MACD’s DIFF at 232.8 is way above DEA at 126.4, STICK is positive at 212.8, this momentum is solid, not fake. But bro, I gotta be honest, the KDJ indicators are all pushing toward 80, with K at 76.5, D at 74.9, and J at 79.7, these three are hand in hand about to rush into the overbought zone, a bit overheated. My personal advice is don’t just get excited now, keep a close eye on the secondary resistance I marked at 66000. Only if it breaks through can it be considered a real breakout. If it doesn’t, brothers chasing highs will most likely experience what’s called the second round of the roller coaster. The 62000 line is the bottom underwear of this rebound; holding it means a healthy correction, if it breaks, we’ll talk again. $BTC
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