Bitcoin price has surpassed $63,500, successfully breaking through key resistance levels. The digital asset is currently trading above the 100 hourly Simple Moving Average, indicating a stable upward trend.
A bullish trend line break was observed at $63,220 on the hourly chart, offering a potential for further gains if the price remains above the $62,500 support level.
Upcoming resistance levels are noted at $64,200 and $65,000, which could be significant hurdles for Bitcoin's price.
