Bitcoin holds support as US market open looms
Bitcoin is holding its short-term bounce ahead of the US stock market open, and the setup looks more bullish than bearish for now — good news for buyers.
- Bitcoin is bouncing off support near $64K and a weekly bullish signal is building for the first time since the 2022 bottom.
- The next big test is resistance around $67K, where a lot of buy/sell orders are piling up.
- A weak US market open could trigger a quick dip to grab orders just below the price, but that risk fades the longer support holds.
- Ethereum keeps pushing up toward its own key resistance near $1,950; a break above opens the door to about $2,080.
- Altcoins like Solana and Chainlink are riding Bitcoin's move, holding key support levels and leaning bullish.
Outlook: If the US market opens flat or higher, Bitcoin likely grinds toward $67K, pulling most altcoins up with it.
## Bitcoin Levels
- **Bias:** Bullish (short term, within an ascending channel)
- **Buy / accumulate:** Ascending support at ~$63.9K–$64K (prior bounces at 63.6K and 63.7K–63.8K)
- **Sell / take profit:** Into resistance at ~$66.9K–$67.4K (~$67K)
- **Support:** ~$60,000 (key 3-day support); ~$64K ascending line
- **Resistance:** ~$65.5K (channel midline, minor); $66K–$67K (major); next major $73K–$74K
- **Targets:** ~$67K liquidity, then $73K–$74K on a confirmed break/hold above $67K
- **Invalidation:** Loss of the ~$63.9K–$64K ascending support, opening downside liquidity starting ~$63.6K