Bitcoin

Key insight

$64,261 sits mid-range between $58,000 200-day MA floor and $73,800 ATH ceiling — Gold surging to $4,418 (+1%) signals risk-off/inflation hedging that historically pulls capital into BTC too.

Holds $64,261 but stalls ~18% below the 2024 all-time high of ~$73,800 — momentum is constructive yet no breakout catalyst confirmed with ETH also lagging at $1,905.

Main risk

Rejection at $66,000 prior resistance

Failure to clear $66,000 Aug swing high triggers a pullback to 200-day MA near $58,000, invalidating the short-term recovery thesis.