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Bitcoin Price Prediction: Battle To Surpass $64,500 Continues With No Confirmation of Bullish Bias

  • Bitcoin is currently facing rejection at a critical resistance level but is no longer showing hidden bearish divergence on the daily chart.
  • Bitcoin is hovering around a previous high of approximately $64,500 but remains below a significant descending resistance line.
  • The DXY (U.S. Dollar Index) has seen a bearish move, which is typically positive for Bitcoin.
  • Bitcoin needs a daily candle close above $64,500 to confirm a breakout and potentially continue the bull market.

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