Bitcoin Price Fights Back—Is The Worst Finally Over?
08-06-2026 02:59 via newsbtc.com

Bitcoin Price Fights Back—Is The Worst Finally Over?

Bitcoin price started a recovery wave above the $62,000 zone. BTC is consolidating and might aim for more gains if it clears the $64,500 resistance zone.Bitcoin managed to form a base above $60,000 and started a recovery wave.
The price is trading above $62,500 and the 100 hourly simple moving average.
There was a break above a bearish trend line with resistance at $61,500 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair might gain bullish momentum if it settles above th
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