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📈 $BTC Technical Analysis | July 5, 2026
Bitcoin is consolidating above $62,700 after a strong rebound from the $58K low. The daily structure is showing a clear series of higher lows, with buyers defending the $60,800 – $61,500 support zone aggressively.
RSI has turned upward and momentum is shifting bullish.
Bullish Bias Setup:
• Entry Zone: $62,000 – $62,800
• Stop Loss: Below $60,500
• Take Profit 1: $66,000 | TP2: $70,000+
As long as BTC holds above $61.5K, the path of least resistance remains higher. A decisive break and close above $63,500 could spark a quick move toward $66K.
Volume confirmation will be key.
What’s your bias on $BTC right now? 👇
#Bitcoin #CryptoAnalysis #GateSquare #BTC