{"id":180811,"date":"2026-06-15T03:02:05","date_gmt":"2026-06-15T03:02:05","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=180811"},"modified":"2026-06-15T03:02:05","modified_gmt":"2026-06-15T03:02:05","slug":"bitcoin-price-reclaims-65000-with-conviction-is-a-bigger-rally-next","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=180811","title":{"rendered":"Bitcoin Price Reclaims $65,000 With Conviction\u2014Is A Bigger Rally Next?"},"content":{"rendered":"

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.<\/em><\/p>\n

Bitcoin managed to stay above $62,500 and started a fresh increase.
\nThe price is trading above $64,500 and the 100 hourly simple moving average.
\nThere is a bullish trend line forming with support at $64,200 on the hourly chart of the BTC\/USD pair (data feed from Kraken).
\nThe pair might extend gains if it stays above the $65,500 and $66,200 levels.<\/p>\n

Bitcoin Price Regains Strength<\/h2>\n

Bitcoin price found support near $60,800 and started a fresh increase<\/a>. BTC gained pace for a move above the $61,500 and $63,200 resistance levels.<\/p>\n

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.<\/p>\n

Bitcoin is now trading above $64,500 and the 100 hourly simple moving average<\/a>. Besides, there is a bullish trend line forming with support at $64,200 on the hourly chart of the BTC\/USD pair.<\/p>\n

<\/a><\/p>\n

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.<\/p>\n

Another Decline In BTC?<\/h2>\n

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.<\/p>\n

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.<\/p>\n

Technical indicators:<\/p>\n

Hourly MACD \u2013 The MACD is now losing pace in the bullish zone.<\/p>\n

Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is now above the 50 level.<\/p>\n

Major Support Levels \u2013 $64,650, followed by $64,200.<\/p>\n

Major Resistance Levels \u2013 $65,500 and $66,200.<\/p>","protected":false},"excerpt":{"rendered":"

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 […]<\/p>\n","protected":false},"author":0,"featured_media":180812,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-180811","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/180811"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=180811"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/180811\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/180812"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=180811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=180811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=180811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}