Bitcoin was trading just above $64,000 on July 10, 2026, and its longer‑term MACD histogram turned positive, indicating that the recent rally may have further upside. The MACD indicator compares short‑term and long‑term moving averages; the standard settings use a 12‑day and 26‑day average with a 9‑day signal line, while many traders employ longer periods such as 50‑day and 100‑day averages to filter short‑term noise. Historically, positive crossings of the zero line have preceded sustained price recoveries. Key resistance levels include the 50‑day simple moving average at approximately $65,434, the mid‑June high of $67,292, and the 200‑day moving average near $71,147. Clearing each of these levels would suggest increasing buyer momentum, with a decisive move above $71,147 indicating a potential new uptrend. Additionally, the $80,000 price point has more than $1.21 billion of Deribit options open interest, a concentration that could affect spot and futures markets if breached. Until bitcoin surpasses these thresholds, analysts remain watchful about further gains.