A Bitcoin trading video reading BlackRock's IBIT ETF chart as a bullish short-term signal — good news for buyers expecting a bounce toward the high 60s.

• A moving-average cross just fired on the IBIT chart, a setup that usually pulls price up toward a higher average acting like a magnet.
• The same setup has worked 13 or 14 out of the last 15 times, pointing Bitcoin toward the June high near $67,200.
• Several signals on the CME futures chart are lining up bullish at the same time — momentum, a stochastic cross, and MACD all turning up.
• Market mood is still very fearful even after a 10% bounce off the lows, which is read as a good sign for more upside.
• Stocks are pulling back a bit, which could drag Bitcoin down, but the broader stock trend still looks up into Q4.

Outlook: As long as Bitcoin holds above Monday's low, the bounce likely continues toward the high 60s in the near term.

## Bitcoin Levels

• **Bias:** Bullish short-term (still a long-term downtrend)
• **Buy / accumulate:** Reclaim $63,150 to open upside; corrective setup expects no lower than ~$62,200 before bouncing
• **Sell / take profit:** Targets at $66,650 and $68,300; June swing high ~$67,200
• **Support:** $63,544 (interim), $62,200 (Monday's low), $61,850–$61,870 (5-day low)
• **Resistance:** ~$67,200 (June high), gap fill near IBIT $40 (~$68,000+)
• **Targets:** $66,650, then $68,300; MACD reverse-calc target ~$67,600
• **Invalidation:** Daily close below $62,200; or trading/closing below the ~$61,850 5-day low; caution if daily closes drop below $64,000