#FxPro

Deep Market Analysis July 15: BTC Breaks $65K — 12.2% Rally in 14 Days, RSI Crosses 50 for First Time Since July 1, June CPI Cools to 2.6% Core Fueling Rate Cut Hopes, Exchange Balance Hits 7-Year Low of 6.5%, FxPro Targets $73K-$74K, Upbit Volume Explodes 1,318%

Bitcoin surged past $65,000 (+3.5%) today for the first time since June 23, with the 14-day rally reaching 12.2%. The catalyst was June CPI significantly below expectations (core 2.6% vs est. 3.0%), pushing September rate-cut odds to 45%. Key technical milestone: RSI crossed above 50 for the first time since July 1 — trend shifting from bearish to neutral-bullish. MACD momentum is strengthening. The 200-week MA ($62,445) has been held for 6 consecutive days. Exchange balance falls to 6.5% — a 7-year low. South Korea's Upbit volume surged 1,318% to $4.2B, with XRP volume surpassing BTC on the exchange. FxPro analysts note the crypto market has broken above its 50-day MA, setting a target of $73K-$74K (200-day MA). The sustainability of the $65K breakout will determine whether this rally can upgrade into a full trend reversal.