#RSI
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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.
Deep Market Analysis July 12: BTC Consolidates in $63K-$64K Range, Hormuz Strait Closure Triggers Risk-Off, BTC/Gold Ratio Hits Extreme Oversold Signaling Potential Major Reversal
BTC trades in $63.7K-$63.8K range over the weekend, down 0.6% on the day. Iran's IRGC Hormuz Strait closure sends oil surging, risk assets under pressure. BTC shows bid resilience near $63K. Polymarket: 99.2% BTC above $60K, 63.5% above $64K. BTC/Gold ratio at deepest oversold since 2010 (−1.81σ). Technically $64K is the pivot — break above targets $66K, failure retests $62K. Fear & Greed at 26 (Fear).