Looking at the charts, $BTC is sitting at around 62,384, and it’s just broken through some key resistance at 62,365. Right now, the next big resistance is at 63,157, and then there's another one just under 65,000 at 64,879, which is close to the 1-month high.
Now, the RSI is sitting around 63.69, so it's not overbought yet but it’s creeping up there. If the momentum keeps pushing, there's a real shot at Bitcoin making it to 64,000. But—and this is important—there's likely going to be a lot of resistance around that price. Traders tend to take profits near those big round numbers, and that could cause a pullback.
Also, the moving averages (EMAs) look pretty solid right now, suggesting the trend is still strong. So, I could definitely see it making a run for 64k, but don't be surprised if it pulls back after hitting that level, especially if the RSI climbs closer to 70 and signals overbought conditions. It’s all about how much buying pressure can hold once we’re in that range.
