The world’s largest cryptocurrency trades at $64,167 as of this writing, notching a mild 0.75% 24-hour gain after several days of choppy sideways price action. Over the last trading day, Bitcoin has been confined to a tight range between $62,884 and $65,450, with solid support holding near $63,000 that has prevented deeper, market-shaking pullbacks. Market analysts peg the probability of a bullish near-term breakout at 80% confidence, citing sustained buying interest on price dips and easing macro headwinds that have lifted sentiment across all digital assets. Traders are watching for a break above the $65,450 near-term resistance to confirm the bullish thesis, while a drop below $62,800 would open the door for a deeper short-term correction.
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