Bitcoin holds its range as a new liquidity pocket forms just below price
Bitcoin is stuck in a two-month sideways range, and it's a neutral-to-slightly-bullish setup near term as long as key support holds.
- Bitcoin keeps bouncing between about $60K support and $66Kβ$67K resistance, with no breakout either way.
- A fresh pocket of liquidity is building just under the recent low, marking $62.1Kβ$62.2K as the next downside target to watch.
- A strong US stock market close is helping crypto for now; the direction likely depends on how stocks open next.
- Ethereum is stuck under resistance near $1,950 and just flashed a bearish divergence, pointing to weak momentum.
- Solana looks the strongest of the altcoins, with a new bullish signal pointing toward a test of $75β$76.
Outlook: Expect choppy sideways action or a small bounce over the next day, with the stock market open deciding whether that lower liquidity gets hit.
## Bitcoin Levels
- **Bias:** Neutral short term; longer-term weekly bullish divergence still intact
- **Buy / accumulate:** ~$60,000 range support; bounce zone at $62.2K
- **Support:** $60,000; local low near $62.2K
- **Resistance:** $66,000β$67,000
- **Targets:** Downside liquidity at $62.1Kβ$62.2K; upside liquidity near $65K
- **Invalidation:** A break and hold below the late-June/early-July lows