Bitcoin surged on volume from the 62800 level in the morning session, hitting a high of 63938. Short-term bullish momentum is strong, with Bollinger Bands opening upward; however, the rapid rise has led to high deviation, requiring a pullback for repair. Intraday support at 63500-63600.

Overall, it remains in a 62000-64690 range consolidation, with price rebounding to the upper half of the range. MACD histogram turns from green to red, bullish momentum continues to recover. The middle Bollinger Band at 62750 serves as a strong swing support.
Intraday bias is for a strong oscillating upward move, with support at 63400-63500 and resistance at 64200-64600. Main strategy is to buy on dips, but be cautious of resistance near the previous high area that could cause a pullback.
Overall, the view today is bullish.
Long entry around 63600, stop loss at 62800, take profit at 64500.
Swing short around 63900, stop loss at 64200, take profit at 63600.
$BTC