- Bitcoin trades close to $64,963 and continues to trade above its important 4-hour averages with positive momentum.
- MARA sold 726 BTC, and its treasury is now 35,577 BTC, placing it in fourth position among corporations with holdings of Bitcoin.
- Bitcoin encounters resistance close to $65,340 while support stands at $64,591, and further support lies around $63,972.
The Bitcoin price continues to remain close to $64,963 having rebounded from a drop to $62,216 as the technicals reveal that the price has a bullish setup in the short term. Bitcoin was up by 0.26% in the past 24 hours and the price had risen to $64,950 after dropping during the evening.
The most recent 4 hour chart reveals that the asset was trading above its 20, 50, 100, and 200 period exponential moving averages with the RSI reading at 61.85.
Moreover, MARA Holdings has sold 726 BTC leaving it with 35,577 BTC which makes it number four on the list of corporate Bitcoin holders.
Bitcoin Price Faces Resistance Near $65,000
The price of Bitcoin is encountering a number of resistance zones while hovering near $64,963. The resistance levels on the 4-hour chart can be found near $65,012, followed by $65,156 and $65,211, which is the location of the Bollinger Band Top
Resistance can also be seen at $65,340 with 0.5 Fibonacci level at $65,484.
If the price breaches the resistance level, the next Fibonacci retracement level would be seen at $65,812 and $66,279. In addition, the chart also reveals that 0.236 Fibonacci level stands at $64,750, which Bitcoin currently holds above.
Technical level to consider:
- $65,012-$65,340: Primary near-term resistance zone
- $64,591: Immediate support from the Bollinger middle band and 20-EMA
- $63,972 and $62,216 as additional downside support levels.
Bitcoin Holds Above Key Moving Averages
The price of Bitcoin is trading above the 20-EMA at $64,565, 50-EMA at $64,223, and 100- and 200-EMAs at $64,121. With regard to positioning, the market price is currently trading above each tracked average on the 4-hour chart.
The RSI of 61.85 is complemented by 59.24 as the value for its moving average. The information provided by the chart indicates that the RSI is below the normally watched overbought zone but is still above the midpoint.
Source: Trading View
The Bollinger Bands set the middle one at $64,591 and the lower one at $63,972. The present price of the coin is above the middle band, and the upper one is close to $65,211. The pattern is formed after the bounce from the $62,216 zone on the chart.
MARA Holdings Reduces Bitcoin Treasury
The MARA holdings are reduced to 35,577 BTC due to the sale of 726 BTC, as per the BitcoinTreasuries.net data that is provided. The approximate value of these holdings stands at $2.3 billion.
Through this transaction, MARA becomes the fourth-largest corporate Bitcoin holder, falling to the second place from. Strategy leads in holding 842,138 BTC; Twenty One Capital follows with 43,514 BTC, and then Metaplanet of Japan with 43,000 BTC; the fifth position is occupied by Bitcoin Standard Treasury Company with 30,021 BTC.
Previously, MARA sold more than 15,000 BTC in order to buy back more than $1 billion worth of convertible debt at a discount. According to the given data, it can be stated that during the first quarter of 2026, Riot sold approximately 3,778 BTC, whereas Core Scientific cut down their treasury by nearly 2,000 BTC.
The other listed corporate holding amounts to 24,300 BTC in the case of Bullish, 20,020 BTC for Strive, 18,712 BTC for SpaceX, 17,311 BTC for Coinbase, 15,680 BTC for Riot Platforms, 13,924 BTC for CleanSpark, 11,509 BTC for Tesla, 10,278 BTC.
FAQs
What is the current price of Bitcoin?
According to the provided market data, Bitcoin is traded at $64,963.
What is Bitcoin’s immediate resistance?
The chart identifies $65,012 as immediate resistance, followed by $65,156, $65,211, and $65,340.
How much Bitcoin does MARA Holdings own?
MARA Holdings has 35,577 BTC following the sale of 726 BTC.
