Bitcoin Price Reclaims $65,000 With Conviction—Is A Bigger Rally Next?
By Aayush Jindal | 2026-06-15 03:02:05 | 3 months ago
Bitcoin price started a fresh increase and cleared the $64,500 zone.
BTC is consolidating and might aim for more gains above the $66,200 level.
Bitcoin managed to stay above $62,500 and started a fresh increase.
The price is trading above $64,500 and the 100 hourly simple moving average.
There is a bullish trend line forming with support at $64,200 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair might extend gains if it stays above the $65,500 and $66,200 levels.
Bitcoin Price Regains Strength Bitcoin price found support near $60,800 and started a fresh increase .
BTC gained pace for a move above the $61,500 and $63,200 resistance levels.
The bulls even pushed the price above $64,500.
A high was formed at $65,847, and the price started a consolidation phase above the 23.6% Fib retracement level of the upward move from the $60,746 swing low to the $65,847 high.
Bitcoin is now trading above $64,500 and the 100 hourly simple moving average .
Besides, there is a bullish trend line forming with support at $64,200 on the hourly chart of the BTC/USD pair.
If the price remains stable above $64,500, it could attempt a fresh increase.
Immediate resistance is near the $65,500 level.
The first key resistance is near the $66,200 level.
A close above the $66,200 resistance might send the price further higher.
In the stated case, the price could rise and test the $66,800 resistance.
Any more gains might send the price toward the $67,500 level.
The next barrier for the bulls could be $68,000.
Another Decline In BTC? If Bitcoin fails to rise above the $66,200 resistance zone, it could start another decline.
Immediate support is near the $64,650 level.
The first major support is near the $64,200 level.
The next support is now near the $63,300 zone or the 50% Fib retracement level of the upward move from the $60,746 swing low to the $65,847 high.
Any more losses might send the price toward the $62,500 support in the near term.
The main support now sits at $61,800, below which BTC might struggle to recover in the near term.
Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.
Major Support Levels – $64,650, followed by $64,200.
Major Resistance Levels – $65,500 and $66,200.
BTC is consolidating and might aim for more gains above the $66,200 level.
Bitcoin managed to stay above $62,500 and started a fresh increase.
The price is trading above $64,500 and the 100 hourly simple moving average.
There is a bullish trend line forming with support at $64,200 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair might extend gains if it stays above the $65,500 and $66,200 levels.
Bitcoin Price Regains Strength Bitcoin price found support near $60,800 and started a fresh increase .
BTC gained pace for a move above the $61,500 and $63,200 resistance levels.
The bulls even pushed the price above $64,500.
A high was formed at $65,847, and the price started a consolidation phase above the 23.6% Fib retracement level of the upward move from the $60,746 swing low to the $65,847 high.
Bitcoin is now trading above $64,500 and the 100 hourly simple moving average .
Besides, there is a bullish trend line forming with support at $64,200 on the hourly chart of the BTC/USD pair.
If the price remains stable above $64,500, it could attempt a fresh increase.
Immediate resistance is near the $65,500 level.
The first key resistance is near the $66,200 level.
A close above the $66,200 resistance might send the price further higher.
In the stated case, the price could rise and test the $66,800 resistance.
Any more gains might send the price toward the $67,500 level.
The next barrier for the bulls could be $68,000.
Another Decline In BTC? If Bitcoin fails to rise above the $66,200 resistance zone, it could start another decline.
Immediate support is near the $64,650 level.
The first major support is near the $64,200 level.
The next support is now near the $63,300 zone or the 50% Fib retracement level of the upward move from the $60,746 swing low to the $65,847 high.
Any more losses might send the price toward the $62,500 support in the near term.
The main support now sits at $61,800, below which BTC might struggle to recover in the near term.
Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.
Major Support Levels – $64,650, followed by $64,200.
Major Resistance Levels – $65,500 and $66,200.
keywords : BTC|bitcoin|bitcoin price|btcusd|BTCUSDT|xbtusd
sentiment : POSITIVE
category data : BTC | EXCHANGE | MARKET | TRADING | CRYPTOCURRENCY