According to CoinMarketCap, the weekend started bullish for most coins. Top coins from CoinMarketCap
BTCUSD
The price of Bitcoin BTCUSD is up 2.33% in the last 24 hours. Image from TradingView
On the hourly chart, BTC price also looks bullish as it attempts to break the local resistance level of $64,887. If that happens, growth could continue to the $66,000 zone. Image from TradingView
A less positive picture emerges for the daily time frame. Today's slight increase has no impact on the overall technical situation. The falling volume confirms that neither bulls nor bears are ready for a strong move.
In this case, sideways trading in the $63,000-$67,000 range is the more likely scenario for the next few days.Image from TradingView
From a medium-term perspective, one should pay attention to the bar close in relation to the previous candlestick low. If the price falls below this level, the decline could soon lead to a test of the $60,000 zone.
At press time, Bitcoin is trading at $64,612.
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