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Bitcoin breaks key resistance, eyes $70,000 but must hold $65,000 to avoid pullback

Technical Signals
15 Jul 2026
Coinpaper
View Source
Bullish
pluang ai news

Bitcoin has surpassed important resistance levels and formed a bullish reversal pattern, signaling potential gains. The critical level to watch is $65,000; a firm hold above this could lead Bitcoin toward $67,000 and then $70,000. However, if Bitcoin falls below $64,000, it risks a pullback to around $62,000 or even $60,100. The breakout is supported by an inverse head-and-shoulders pattern and a break of a descending trendline, strengthening the bullish outlook if the price sustains above the neckline zone between $64,000 and $64,700.

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