Bitcoin is bouncing in the short term after the Fed left interest rates unchanged, which is good news for stocks and crypto alike.

• The Fed held rates steady, and the roughly third of traders who bet on a hike had to reposition, acting like a mini rate cut.
• Stocks are bouncing toward record highs, and crypto usually follows, so Bitcoin is expected to keep drifting up.
• A big bullish divergence is active on both the weekly and daily Bitcoin charts, the strongest such signal since the 2022 bottom.
• Ethereum is holding a double-bottom breakout, with a large long position still open on it.
• XRP should slightly lag Bitcoin, while Solana and Chainlink also show bullish divergences pointing to relief or choppy sideways action.

Outlook: More of a grinding bounce is expected over the coming days or weeks, with heavy resistance near $67,000 unless bad earnings drag stocks and crypto back down.

## Bitcoin Levels

• **Bias:** Bullish (short and longer term)
• **Buy / accumulate:** No explicit buy price given; downside liquidity target around $62,000 if stocks weaken
• **Support:** ~$60,000 (3-day), immediate ~$64,000, then ~$63,500
• **Resistance:** ~$65,500 and just under $67,000; band of $66,000–$67,000
• **Targets:** Upside liquidity ~$65,800 then ~$67,000; downside ~$62,000
• **Invalidation:** A break below the previous significant lows (roughly $62,000 downside liquidity zone) would shift the bias bearish