Bitcoin reclaimed the $63,000 level on July 11, gaining 1.5% despite facing a critical technical resistance zone between $64,500 and $65,225. Technical indicators suggested potential momentum exhaustion, identifying $65.4K as a key target to confirm a broader bullish reversal. By July 14, the price hovered above $62,000 as markets awaited US CPI inflation data, which could influence Federal Reserve monetary easing expectations.
