Bitcoin nears resistance as liquidity builds, with Ethereum and altcoins
Bitcoin is drifting higher in a short-term bullish relief, with more upside likely before it hits stiff resistance — good news for buyers, but a small cool-off could come soon.
- Bitcoin keeps grinding up, grabbing pockets of sell orders sitting just above the price, one level at a time.
- The next target is around $65,000, an easy reach since it sits just overhead.
- Real resistance waits at $66K–$67K, where the price is expected to struggle or pull back.
- On the big-picture weekly chart, a long-term bullish divergence is active — the same kind of signal seen at the end of the 2022 bear market.
- Altcoins are mostly stuck following Bitcoin: XRP just flashed a bullish signal, Solana broke above resistance, while Ethereum stays boxed in sideways.
Outlook: More slow upside is likely over the coming weeks, with brief dips near resistance, though momentum is weak and no big rally is expected yet.
## Bitcoin Levels
- **Bias:** Bullish short-term (more bullish than bearish, drifting up); long-term bullish divergence in play.
- **Support:** $60,000.
- **Resistance:** $66,000–$67,000.
- **Targets:** $65,000, specifically $65,400–$65,600 (liquidity grab target).