BTC clawed off the sub-61K lows early week and ran into the 64,000–64,375 resistance on the Iran-deal risk-on bid, printing a 64,321 week high before stalling. Price has since coiled into a tight 63,200–63,900 range, holding above EMA(20) with RSI(14) cycling around the mid-50s — momentum cooling rather than reversing. The 64K shelf has capped advances while demand has repeatedly stepped in near 63,200.
What it said to watch
Hourly close above 64,375 opens the path toward the 66,800 zone
Loss of 63,200 shelf confirms a lower-low and exposes 62,650
FOMC projections Jun 17 18:00 UTC is the week's key risk and could shift this read
BTC clawed back from the week's low near 60,728 to tag 64,321 on Iran-deal risk-on, then settled into a tight 63,300-63,900 band holding above EMA(20). Price has coiled near the highs through the Asian and London sessions with RSI(14) cycling the mid-50s, and the 64,000-64,375 resistance shelf has capped each attempt this week.
What it said to watch
H1 close above 64,375 opens the path toward 66,800
Loss of 63,200 confirms a lower-low and breaks the higher-low sequence
FOMC projections Jun 17 18:00 UTC is the week's key risk to this read