21:06 UTC
Downtrend cooled into a recovery range · RSI 47 · price 63,674.88
Double bottom near 58k, ranging 62k–67k.
Price sold off through May–June from the early-April peak near 82,670 into a double bottom around 58k, then recovered into a 62k–67k range that has held for roughly four weeks. The swing high at 66,900 capped the last push and price has drifted back toward the middle of the range, sitting below EMA20 but still above a rising EMA50 near 63k. With no BTC-specific catalyst, the tape is trading as a USD/risk proxy into tomorrow's FOMC.
What it said to watch
- Daily close below the 62,100 range low confirms a lower low and reopens the psych 60,000 level
- Daily close above 66,900 swing high extends the recovery beyond the range top
- FOMC Wed 18:00 UTC and Core PCE Thu could materially shift this read