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Bitcoin rebounds 2.3% but faces strong resistance near $64K amid mixed technical signals.

Technical Signals
11 Jun 2026
Bitcoin
View Source
Neutral
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Bitcoin rose 2.3% on June 11, 2026, recovering from a low of $60,914 to around $63,200, but technical indicators remain mixed. The RSI hit 30, the lowest since 2018, signaling oversold conditions and potential for recovery, while 13 of 15 moving averages still show bearish trends. Traders are watching for a 4-hour close above $64,000 to confirm a possible move toward $66,000–$68,000 resistance levels. Despite the recent bounce, Bitcoin remains down nearly 23% over the past month and 28% year-to-date, with the current rally seen as a relief within a broader bearish trend until it breaks above $68,000.

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