Bitcoin consolidates below $64,000 after rebound from $59,106 low

Bitcoin has rebounded from support above $60,500 and pushed past $62,200 and $62,500, but it is struggling to hold gains near the $64,000 resistance area. BTC is trading above $62,500 and the 100-hour simple moving average, with a bullish trend line support around $62,500. A sustained move above $64,000 could open the way toward $65,500 and $66,500, while failure may bring a pullback to $62,200, $61,500, and potentially $60,000.