{"id":75169,"date":"2026-07-09T13:32:42","date_gmt":"2026-07-09T13:32:42","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/short-term-moving-averages-turn-bullish-as-bitcoin-holds-above-62500\/"},"modified":"2026-07-09T13:32:42","modified_gmt":"2026-07-09T13:32:42","slug":"short-term-moving-averages-turn-bullish-as-bitcoin-holds-above-62500","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/short-term-moving-averages-turn-bullish-as-bitcoin-holds-above-62500\/","title":{"rendered":"Short-Term Moving Averages Turn Bullish as Bitcoin Holds Above $62,500"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Bitcoin traded near $62,743 on July 9, 2026, up 1.0% over the past 24 hours.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Market data shows Bitcoin\u2019s market cap held at $1.259 trillion during the pullback.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Short-term averages signal bullishness, but the 50-day average sits at $65,624.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Hourly Chart Shows Tight, Choppy Range<\/h2>\n<p> <span>Bitcoin<\/span>\u2019s one-hour chart shows choppy price action inside the broader daily range, with tight support forming near $62,400 and resistance building at $62,900 to $63,000. The momentum indicator flashed a <span>bearish<\/span> signal on the shortest timeframe, suggesting some near-term exhaustion after the asset\u2019s 1% daily gain.<\/p>\n<p>Traders working intraday setups are watching for <span>bullish<\/span> interest near $62,300 to $62,500, with stops placed below $62,100, while rallies into $62,950 and above are drawing <span>bearish<\/span> interest back toward the middle of the range.<\/p>\n<figure id=\"attachment_829769\" aria-describedby=\"caption-attachment-829769\" style=\"width:2536px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-829769\" class=\"wp-caption-text\"> <span>BTC<\/span>\/USD 1-hour chart via Bitstamp on July 9, 2026.<\/figcaption><\/figure>\n<p>The overall assessment on this timeframe remains neutral and range-bound, favoring mean-reversion strategies over directional bets until price clears either extreme of the $61,800 to $63,200 band.<\/p>\n<h2>Four-Hour Structure Builds Toward a Resistance Test<\/h2>\n<p>The four-hour chart shows <span>bitcoin<\/span> attempting to recover from the lower end of its daily range, with local support holding near $62,000 to $62,200 and resistance capping gains at $63,000 to $63,200. Oscillator readings on this timeframe remain largely neutral, with the <span>relative strength index<\/span> ( <span>RSI<\/span>) near 48 and the <span>stochastic oscillator<\/span> also neutral, while the <span>moving average convergence divergence<\/span> ( <span>MACD<\/span>) is reading <span>bullish<\/span>, which lines up with short-term exponential and simple moving average crossovers.<\/p>\n<figure id=\"attachment_829768\" aria-describedby=\"caption-attachment-829768\" style=\"width:2536px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-829768 size-full\" title=\"Short-Term Moving Averages Turn Bullish as Bitcoin Holds Above $62,500\" src=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitstamp-btc_usd-thu_9_jul_07_33_57.jpg\" alt=\"BTC\/USD 4-hour chart via Bitstamp on July 9, 2026. \" width=\"2536\" height=\"1344\" srcset=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitstamp-btc_usd-thu_9_jul_07_33_57-300x159.jpg 300w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitstamp-btc_usd-thu_9_jul_07_33_57-1024x543.jpg 1024w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitstamp-btc_usd-thu_9_jul_07_33_57-768x407.jpg 768w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitstamp-btc_usd-thu_9_jul_07_33_57-1536x814.jpg 1536w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitstamp-btc_usd-thu_9_jul_07_33_57-2048x1085.jpg 2048w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitstamp-btc_usd-thu_9_jul_07_33_57.jpg 2536w\" sizes=\"auto, (max-width: 2536px) 100vw, 2536px\"\/><figcaption id=\"caption-attachment-829768\" class=\"wp-caption-text\"> <span>BTC<\/span>\/USD 4-hour chart via Bitstamp on July 9, 2026.<\/figcaption><\/figure>\n<p> <span>Bitcoin<\/span>\u2019s scalp and swing traders are eyeing four-hour closes above $62,800 to $63,000 for entries, with targets near $63,800 and exits or profit-taking suggested around $63,400 to $63,500. The setup points to a developing short-term <span>bullish<\/span> bias that remains capped by overhead resistance until <span>volume<\/span> expands on any upside break.<\/p>\n<h2>Daily Trend Holds Below Key Moving Averages<\/h2>\n<p>On the daily chart, <span>Bitcoin<\/span> is consolidating within its recent $61,507 to $63,116 intraday range following a period of <span>volatility<\/span>, and the asset continues to trade below its 50-day and 200-day moving averages, which sit at $65,624 and $74,225, respectively. That positioning points to a medium-term corrective or <span>bearish<\/span> bias even as short-term indicators lean constructive.<\/p>\n<figure id=\"attachment_829767\" aria-describedby=\"caption-attachment-829767\" style=\"width:2536px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-829767 size-full\" title=\"Short-Term Moving Averages Turn Bullish as Bitcoin Holds Above $62,500\" src=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitstamp-btc_usd-thu_9_jul_07_33_51.jpg\" alt=\"BTC\/USD 1-day chart via Bitstamp on July 9, 2026. \" width=\"2536\" height=\"1344\" srcset=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitstamp-btc_usd-thu_9_jul_07_33_51-300x159.jpg 300w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitstamp-btc_usd-thu_9_jul_07_33_51-1024x543.jpg 1024w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitstamp-btc_usd-thu_9_jul_07_33_51-768x407.jpg 768w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitstamp-btc_usd-thu_9_jul_07_33_51-1536x814.jpg 1536w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitstamp-btc_usd-thu_9_jul_07_33_51-2048x1085.jpg 2048w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitstamp-btc_usd-thu_9_jul_07_33_51.jpg 2536w\" sizes=\"auto, (max-width: 2536px) 100vw, 2536px\"\/><figcaption id=\"caption-attachment-829767\" class=\"wp-caption-text\"> <span>BTC<\/span>\/USD 1-day chart via Bitstamp on July 9, 2026.<\/figcaption><\/figure>\n<p>Support is holding near $61,500, with resistance clustered between $63,100 and $63,500, an area that lines up with the classic pivot point at $63,515. A confirmed daily close above $63,500 with rising <span>volume<\/span> would open the door toward $65,000 and beyond, while conservative traders are watching pullbacks into $61,800 to $62,000 for entries, with stop-loss placement below $61,200 to manage downside risk.<\/p>\n<h2>Oscillators Split as Momentum Cools<\/h2>\n<p> <span>Bitcoin<\/span>\u2019s <a href=\"https:\/\/news.bitcoin.com\/understanding-oscillators-in-bitcoin-trading-a-technical-analysis-guide\/\">oscillator<\/a> readings are split but lean neutral overall, with seven of eleven indicators reading neutral. The <span>relative strength index<\/span> sits at 48, the Stochastic reads 72, the commodity channel index (CCI) is at 33, the average directional index (ADX 14) reads 28, and the Williams is at negative 29, all neutral.<\/p>\n<p> <iframe src=\"https:\/\/markets.bitcoin.com\/crypto\/bitcoin\/embed\" width=\"100%\" style=\"max-height:500px;height:500px;border:none;overflow:hidden;border-radius:4px\" scrolling=\"no\" title=\"bitcoin market data\"><\/iframe> <\/p>\n<p>The momentum indicator at 2,492 and the bull bear power reading of 153 both flash <span>bearish<\/span>, while the <span>moving average convergence divergence<\/span> ( <span>MACD<\/span>) level of negative 656 is the lone <span>bullish<\/span> signal among the group. The Awesome oscillator, stochastic <span>RSI<\/span> fast, and ultimate oscillator round out the neutral majority, leaving the oscillator summary at one <span>bullish<\/span> reading, two <span>bearish<\/span> readings, and eight neutral readings.<\/p>\n<h2>Moving Averages Diverge Across Timeframes<\/h2>\n<p> <span>Bitcoin<\/span>\u2019s <a href=\"https:\/\/news.bitcoin.com\/unveiling-moving-averages-essential-tools-for-bitcoin-trading\/\">moving averages (MAs)<\/a> show a clear split between timeframes, with short-term readings leaning <span>bullish<\/span> and longer-term readings staying <span>bearish<\/span>. The 10-day, 20-day, and 30-day simple moving averages (SMA) and exponential moving averages (EMA) are mostly reading <span>bullish<\/span>, led by the SMA 10 at $62,137 and the EMA 20 at $62,554, alongside a <span>bullish<\/span> <span>volume<\/span> weighted moving average (VWMA 20) at $61,448.<\/p>\n<p>Further out, the picture flips, as the 50-day, 100-day and 200-day EMA and SMA readings all read <span>bearish<\/span>, topped by the SMA 200 at $74,225 and the EMA 200 at $75,152.<\/p>\n<h3>Bull Verdict:<\/h3>\n<p>Bulls can point to short-term moving averages and the <span>moving average convergence divergence<\/span> ( <a href=\"http:\/\/www.bitcoin.com\/get-started\/macd-moving-average-convergence-divergence-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">MACD<\/a>) turning constructive, along with <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin<\/a> defending the $61,500 to $62,000 zone through repeated tests. A daily close above $63,500 would clear the classic pivot point and open a path toward the 50-day moving average near $65,624, with $67,200 as a further swing target if buying <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-trading-volume\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">volume<\/a> expands.<\/p>\n<h3>Bear Verdict:<\/h3>\n<p>Bears can point to <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin<\/a> trading well below its 50-day and 200-day moving averages, a structure that still favors sellers on longer timeframes. A decisive break below $61,500 support would risk a slide toward $60,000 and, if selling accelerates, the $57,700 region that capped the prior bounce.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/short-term-moving-averages-turn-bullish-as-bitcoin-holds-above-62500\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Bitcoin traded near $62,743 on July 9, 2026, up 1.0% over the past 24 hours. Market data shows Bitcoin\u2019s market cap held at $1.259 trillion during the pullback. Short-term averages signal bullishness, but the 50-day average sits at $65,624. Hourly Chart Shows Tight, Choppy Range Bitcoin\u2019s [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":75170,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/75169"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=75169"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/75169\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/75170"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=75169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=75169"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=75169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}