Bitcoin is up 7.6% in the past seven days, but it charted 6% gains in the past 24 hours alone in a very formidable push.
The BTC price managed to set a few 4-hour closes above $64.8K, which is definitely a positive signal, but we do need to see the daily close above it so that the level can be turned into support.
Dan is a cryptocurrency technician and on-chain analyst with 11 years of experience in equity markets and over 4 years in crypto markets.