$BTC Bitcoin price finds support after pulling back to the midline of 65,300-65,800, and the Bollinger Bands are expanding upward, which is a typical trend continuation signal.


The 4-hour chart shows a "high-level flag consolidation," with the previous large bullish candle breakout (the massive long bullish candle on June 15) confirming the main force's entry; the volume contraction is a sign of gathering strength.

EMA7, EMA30, and EMA120 have formed a bullish alignment, and the price is still trading above all moving averages; EMA7 at 66,000 is the first line of defense.

The MACD double lines are running high above the zero axis; although the red histogram is shortening, a death cross has not yet formed, indicating a strong momentum area with a bullish boost.

Resistance above: 67,500
Support below: 65,300
BTC-2.30%
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