Bitcoin holding support, slight relief expected

Jul 25, 2026

Bitcoin is bouncing off support and staying in a short-term uptrend, which is mildly good news for crypto holders — but a quick dip to grab liquidity is still a risk.

  • Bitcoin is holding above $60K support and stuck under strong resistance near $67K.
  • Multiple bullish signals across daily and weekly charts point to more relief or choppy sideways action over the next week or two, not a big rally.
  • A pool of sell orders sits just below price near $63.5K, so a quick wick down to grab it is possible before any move up.
  • Ethereum is holding its own long trade, still targeting about $2,070–$2,080 if it can clear $1,950 resistance.
  • Altcoins like Solana, XRP, and Chainlink are mostly following Bitcoin; Solana just broke below its $75 support and is the weakest of the group.

Outlook: A slight bounce is likely into the weekend, with a possible quick dip lower first, as long as the US stock market doesn't crash.

## Bitcoin Levels

  • **Bias:** Short-term bullish (relief/choppy, not a big rally)
  • **Buy / accumulate:** Possible liquidity-grab dip to ~$63.4K–$63.6K
  • **Support:** ~$60,000
  • **Resistance:** ~$66,500–$67,000 (major); ~$74,000 above that
  • **Targets:** ~$67,000 liquidity, then ~$73,000 into the $70K range if $67K breaks
  • **Invalidation:** A drop toward/below the ~$60,000 support (thesis also weakened by a major US stock market crash)

← Latest · Archive