Bitcoin is holding firm, having added nearly 30% since dropping to lows of $49,000 in early August. Despite this bullish trend and favorable fundamental factors, the cryptocurrency remains below the $65,000 mark. This resistance level matches the highs observed in August.
On the technical front, Bitcoin prices could break past this level if buyers find the necessary momentum. Currently, however, sellers are losing steam but haven't yet given way for a significant breakout.
