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2026-07-07 12:23:56 UTC

RWATimes.io on Nostr: 📰 Bitcoin price stalls below $64K as Fed hopes meet oil risks and bearish ...

📰 Bitcoin price stalls below $64K as Fed hopes meet oil risks and bearish divergence
🗓️ Jul 07 2026 11:48 UTC - Rony Roy

Bitcoin price trades below $64K as Fed rate-cut hopes face oil price risks, key resistance, bearish divergence, and heavy liquidation zones.

➤ Bitcoin price is struggling below $64K, caught between hopes for Federal Reserve rate cuts and rising risks from oil prices and geopolitical tensions.
➤ Technical indicators show strong support around $61K but significant resistance near $64K-$65K, with a bearish divergence on the 4-hour chart suggesting weakening momentum.
➤ Upcoming Fed minutes and escalating oil prices near the Strait of Hormuz are key factors that could determine Bitcoin's next significant price movement.

#bitcoin #btc #fedratecuts #oilprices #geopoliticaltensions #technicalresistance #bearishdivergence #etfdemand #corporatetreasury #liquidationzones

🔗 Read more at: https://rwatimes.io/articles/crypto-bitcoin-price-stalls-below-64-k-as-fed-hopes-meet-oil-risks-and-bearish-divergence-1364785472