Bitcoin is stalling just under $65,000 and could dip toward the low $63,000s if the stock market keeps cooling, but the bigger trend still leans mildly bullish.

• Bitcoin ran up to nearly $65,000, wiped out short bets there, and then started to reject at that resistance.
• New sell-side liquidity is building below the price, marking downside targets around $63,800 and $63,200-63,300.
• Stocks are flattening after a near-vertical run to new highs, and that cool-off is the main short-term risk for crypto.
• A weekly bullish divergence — last seen at the end of the 2022 bear market — argues for slowly accumulating spot Bitcoin for the long haul.
• Altcoins mostly track Bitcoin here; XRP is the weak one, sliding toward $1 with falling momentum.

Outlook: Expect choppy, slow drifting higher over the next week or two, with Thursday and Friday's stock action setting the tone for the weekend.

## Bitcoin Levels

• **Bias:** Mildly bullish short-term, bullish longer-term; near-term struggle expected.
• **Buy / accumulate:** Just above the downside liquidity at $63,200-63,300 and $63,800; strong support near $62K and $60K; spot accumulation favored long-term.
• **Sell / take profit:** Near upside liquidity/resistance at $65,000 and $65,100-65,200.
• **Support:** $62K (lower 62K area), $60K, with $63,200-63,300 as near-term.
• **Resistance:** $65,000, then $65,400, $65,500, and major $66,500-67,000.
• **Targets:** Upside $65,100-65,200 then $66,500-67,000; downside $63,800 and $63,200-63,300.
• **Invalidation:** Losing the broken-out support structure / a break below $62K would flip the bullish setup bearish.