Bitcoin is drifting higher and looks likely to keep climbing as stocks hit new record highs, which is good news for crypto holders.

• The S&P 500 just hit all-time highs for the first time since early June, and crypto usually follows stocks up.
• Bitcoin is showing a short-term bullish signal and pulling away from the risk of a drop toward lower prices.
• A long-term "generational" buy signal on the weekly chart, last seen at the end of the 2022 crash, is now active again.
• Ethereum looks weak and stuck in a range, while Solana and Chainlink show longer-term bullish setups.
• The main risk would be stocks stalling or pulling back, which would drag crypto down with them.

Outlook: Over the coming days and weeks, Bitcoin is expected to grind higher toward major resistance near $66K-$67K, then likely struggle there.

## Bitcoin Levels

• **Bias:** Bullish short-term and long-term; a slight relief rally expected.
• **Buy / accumulate:** Around $60,000 (strong support zone).
• **Support:** ~$60,000; downside liquidity at $62.1K-$62.2K.
• **Resistance:** $66,000-$67,000, with liquidity piled at $65.8K-$66.8K.
• **Targets:** Upside test of $66K-$67K.
• **Invalidation:** A breakdown in the 4-hour RSI below support (below the recent low), or a major stall/pullback in the stock market.