Bitcoin has bounced in the short term, dodging the breakdown that would have flipped the trend bearish — good news for holders, but the move looks tired already.

• Bitcoin bounced off the lows and avoided breaking below the level that would have set a new lower low and confirmed a bearish trend.
• The bounce came as US stocks reopened for the week near record highs, which supports crypto for now.
• A hidden bullish signal on the daily chart points to the relief continuing, though it is a weaker signal than a full reversal.
• Short-term momentum is already overbought, so a small pullback or sideways chop is likely within a day or two.
• Ethereum, XRP, Solana and Chainlink are all bouncing along with Bitcoin but stalling at their own resistance levels.

Outlook: A brief cool-off is likely first, then more range-bound to slightly higher prices unless Bitcoin loses its key support.

## Bitcoin Levels

• **Bias:** Neutral to bullish in the short term; bullish long term on the weekly chart.
• **Buy / accumulate:** Around $60,000 support; the $58,000 low remains the base of the bullish structure.
• **Sell / take profit:** $66,000–$67,000 resistance zone.
• **Support:** $60,000 (3-day range floor), $61,000–$62,000, with the critical line at $62.2K.
• **Resistance:** $65,500 (a break above invalidates the lower high), $66,000–$67,000.
• **Targets:** Liquidity cluster near $65,500, then $66,000–$67,000; downside liquidity at $62.2K–$62.4K.
• **Invalidation:** A confirmed daily close below $62.2K — especially under $62,000 — turns the structure bearish.