Bitcoin trades near $64,000 on July 18, 2026, at 8:30 a.m. EDT, holding inside a tight range after bouncing off a 24-hour low of $62,516. The largest cryptocurrency by market cap has consolidated between $63,900 and $64,000 for several hours as traders wait for a volume-backed move past nearby resistance.
Key Takeaways
Bitcoin holds near $64K after bouncing off a $62,516 low, testing $64,500 resistance on July 18.The MACD reads 118 and Momentum Indicator hits 1,664, both bullish despite a neutral 52 RSI reading.Daily support at $62,000 to $62,500 must hold or bitcoin risks a retest of the $60,000 level.The 4-hour chart remains constructive despite a pullback from a local high of $65,518. Buyers stepped in near $62,700 to $63,000, producing a sharp recovery candle followed by sideways trading around $64,000. The retreat looks orderly rather than impulsive, pointing to profit-taking instead of a trend reversal.
