Key Takeaways Bitcoin traded at $62,103 on July 8, down 1.91% after rejecting $64,169.63. MACD’s negative 751 reading was the lone bullish signal among 12 moving averages. Bulls need a daily close above $63,000 or the $57,735 support level comes into focus. One-Hour Chart Shows Buyers Losing the Short-Term Fight The one-hour chart shows Bitcoin printing in the $62,040 to $62,065 range, with lower highs and weaker candles forming as volume thins out. Buyers have not reclaimed the $62,800 to $63,000 zone that would flip the short-term structure back toward bullish. BTC/USD 1-hour chart via Bitstamp on July 8, 2026. …