BTC/USD: Break Above $65,625 Could Open the Way to $75,000

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BTC/USD: Break Above $65,625 Could Open the Way to $75,000Bitcoin / U.S. dollarBITSTAMP:BTCUSDJohn_IsigeBitcoin is testing key resistance at $65,625 as easing tensions in the Middle East support renewed demand for risk assets. However, traders remain cautious ahead of the Federal Reserve meeting and major US technology earnings. A confirmed breakout above $65,625 could strengthen the current recovery and open the way toward $69,460 and $75,000. Technical indicators remain moderately bullish, although momentum is still limited. The bearish scenario would become relevant if BTC falls below $62,500. In this case, the price could decline toward $57,000 and $50,000. Support: $62,500, $57,000, $50,000 Resistance: $65,625, $69,460, $75,000