Analyst: Bitcoin's price is back $64,000 and the volatility trap score is 91

Bitcoin prices rose by nearly 2 per cent on 17 August, returning to $64,000, and the current transaction price is approximately $64154. This rebound, which occurred after the lowest point of $62,751 in Bitcoin, exceeded the withdrawal of 78.6 per cent of Fibonacci, at $63152. Despite the rebound, the dailies have not yet confirmed a broader look-in reversal, and the MCD indicator is still below the signal line, indicating that the recent drop in the see-down energy has not been completely eliminated. According to Glassnode, the implied volatility of Bitcoin has fallen to an all-time low of 2 per cent, while the Chaikin resource flow indicator has risen to 0.24 in the four-hour figure, indicating increased pressure on short-term purchases. If the price remains above $63774, attention will continue to be paid to resistance zones ranging from $64700 to $65,000。