Bitcoin holds $62,300 support as BTC attempts short-term recovery

Key takeaways Bitcoin trades near $63,567 on Friday after rebounding from support around $62,300. BTC remains below its 50-day, 100-day and 200-day EMAs, preserving the broader bearish bias. The RSI at 46 and a negative MACD signal weak momentum despite the recent stabilization. Bitcoin (BTC) shows signs of stabilization on Friday after recovering from a […] The post Bitcoin holds $62,300 support as BTC attempts short-term recovery appeared first on CoinJournal.