⚠️ Bitcoin price stalls below $64K as Fed hopes meet oil risks and bearish divergence 🔔 Bitcoin has held above $63,000 after last week’s macro-driven rebound, but traders are now weighing expectations of Federal Reserve rate cuts against rising geopolitical tensions and mounting technical resistance. According to data from cryptonews, Bitcoin price traded around $63,100 on Tuesday after briefly testing the $64,000 region again, leaving the market caught between bullish macro expectations and a growing list of near-term risks. 🔖 Recent gains have also coincided with renewed ETF demand. U.S. spot Bitcoin ETFs recorded two straight sessions of net inflows after weeks of persistent withdrawals, offering the first sign that institutional investors are cautiously returning to the market following June’s record $4.5 billion in net outflows. The daily chart shows Bitcoin rebounding strongly from the $58,000 area but failing to reclaim the key horizontal resistance near $65,000. Price remains below the 50-day moving average around $65,800, while the 200-day moving average continues to cap the longer-term trend. 📊 However, the Chaikin Money Flow has climbed back above zero, suggesting fresh capital has started returning after weeks of persistent selling. The MACD also remains in bullish territory, although upward momentum has slowed as price approaches resistance.
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