Bitcoin Price Bounces Back To $64,500 But Is It Enough To Avoid Drop?

Bitcoin price found support at $61,800 and recovered higher. BTC jumped to $64,500 and is currently consolidating gains above $63,500.Bitcoin started another increase after it found support near the $61,800 zone.
The price is trading above $63,500 and the 100 hourly Simple moving average.
There was a break above a key bearish trend line with resistance at $63,250 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair must stay above the $63,200 support zone to continue higher