Bitcoin is bouncing back as the US stock market surges toward all-time highs, which is good news for crypto in the short term.

• Stocks led by tech names like Microsoft and Amazon are pushing toward record highs, and that same money tends to flow into crypto too.
• Bitcoin nearly got pushed down to grab liquidity near $62.1K but held its recent lows and is now recovering.
• A weekly bullish divergence — the first this big since the end of the 2022 bear market — points to a long-term buying window for holders.
• A short-term divergence on the 4-hour chart suggests more upside relief is likely, though the climb will be choppy, not a straight line.

Altcoins are expected to follow Bitcoin: Ethereum stays stuck in its range, XRP likely lags, while Solana and Chainlink hold bullish setups.

Outlook: As long as stocks keep climbing, Bitcoin should grind higher over the coming weeks, with a pullback only likely if stocks reject from record highs.

## Bitcoin Levels

• **Bias:** Bullish short-term and long-term; expecting more upside relief.
• **Buy / accumulate:** Long-term accumulation zone around $60K weekly support; near-term support holding at $62.2K.
• **Support:** $62.1K–$62.2K (downside liquidity), $60K major support.
• **Resistance:** $63.9K–$64K, then $64.7K–$64.8K, then $65.4K–$65.5K; larger resistance $66K–$67K.
• **Targets:** Upside toward $64.7K–$65.5K next; downside liquidity at $62.1K–$62.2K if stocks reject.
• **Invalidation:** A confirmed break below the $62.1K–$62.2K lows opens the door to the downside.