21:05 UTC
Downtrend faded, basing sideways · RSI 50 · price 64,042.47
Multi-week range after April-June selloff.
BTC bled from the low-$82K in late April to a $57.7K low by late June, and has since ground sideways in a broad $62K-$65.2K base for roughly two months, holding above a flattening EMuting(50). The $65,239 area has capped the last several weekly attempts while demand keeps stepping in near $62K, leaving price mid-range around $64K with RSI flat near 50. This week's macro softness (weak ADP 44K, cooler ISM services) is the backdrop, but Friday NFP is the swing factor.
What it said to watch
- Daily close above 65,239 opens the path back to the 66,902 range high and 67K-68K zone
- Loss of 62,180 on a daily close confirms a lower-low and exposes the 60K-61K support zone
- NFP Fri Aug 7 12:30 UTC could materially shift this range read