3 weeks ago
11
Key Takeaways
- BTC is testing the 50-day SMA at $64,950 after a series of higher lows from the $57,800 bottom.
- A daily close and retest above the confluence targets the 0.382 Fibonacci level near $67,000.
- Saylor’s chart shows 843,775 BTC at an average cost of $75,653, down 15.41%, roughly $9.84 billion underwater.
- The post follows Strategy’s recent sale of 3,588 BTC, which purchase-tracking charts do not display.
Bitcoin has spent two weeks printing higher lows inside a rising channel from the June 2026 bottom at $57,800, and the structure has now carried price directly into its first meaningful obstacle: the falling 50-day SMA at $64,950, stacked on top of the horizontal resistance that capped every attempt since early June. The daily RSI near 54 shows momentum positive but far from stretched, which leaves room for a push without guaranteeing one.
$BTC is approaching a key decision point on the daily chart!🚨
After bouncing from the rece...
English (US)