HarryPotterTrumpSonic100Inu (BTC)

🇺🇸 U.S. Department of Justice is moving to withdraw the indictment against the founder of the $722 million BitClub fraud case

https://t.co/zMeF7ypDZO https://t.co/hLRsbHGTHw

Bipcoiners greedily slurping up that delicious pleb slop: https://t.co/FlK81k0NDG

🟠 Daily Bitcoin Report July 10, 2026 (Daily Close Edition)

📊 PRICE ACTION

Open: $63,175 | High: $64,669 | Low: $62,865
Close: $64,128 | Change: +1.51% (candle closed)

The candle is in the books: first daily close above $64K since the June breakdown, and the highest close of the entire recovery. Up 10% from the sub-$58K lows. The new daily candle just opened flat at $64,056.

📈 TECHNICAL READ

Trend Exhaustion: 71.20 fourth straight day of cooling while price makes higher closes. The overbought unwind without price damage is now a confirmed pattern, not a one-day fluke.

Lower BB: $58,256 | SMA: $61,847 | Upper BB: $65,438

$64K was the descending channel resistance tonight’s close sits right on top of it. The battle line is drawn: hold $64K on any retest and analysts see a path to $70–71K; lose it and a sweep back to $58K is the risk. Upper band at $65.4K remains the confirmation trigger, now just 2% away.

🔍 ON-CHAIN / FLOWS

→ Over $215M in liquidations in 24 hours, majority shorts bears pressed the geopolitical panic and got squeezed through $63K and $64K in succession.
→ Perspective stat: BTC has now spent 307 days inside the $60–70K band the third-longest consolidation in any $10K range in its history. Roughly 6% of circulating supply has its cost basis between $58–64K. This range is building one of the largest support clusters ever whichever way it resolves will be violent.
→ ETF outflows continued (−$95M Thursday) while price rallied third session of the tape leading the flows, not following them.

📰 TODAY’S NEWS

1/ The breakout catalyst: Iran requested a continuation of nuclear talks, and markets read it as de-escalation BTC pushed through $64K on the headline, fully round-tripping the week’s war scare.

2/ The Senate returns July 13 with roughly three working weeks before August recess now viewed as the last realistic window for CLARITY Act passage in 2026. Regulatory resolution and CPI land in the same week.

⚖️ WHERE WE STAND

Strongest close of the recovery, printed on a short squeeze and a de-escalation headline which is both the good news and the caveat. Squeezes fade; what can’t be faked is the pattern underneath: four days of exhaustion cooling into higher closes, a floor defended five times, and US spot demand (Coinbase Premium) recovering fast. Next week is the entire ballgame compressed into five sessions: Senate back Monday, CPI Tuesday, oil deadline Friday.

Stay Informed 🟠