According to CoinMeta, as reported by CoinJournal, Bitcoin (BTC) showed signs of stability on Friday. After successfully holding above the $62,300 support level on Thursday, the price is now trading around $63,567. Nevertheless, BTC is still below all major index moving averages (EMA), and momentum indicators are weak. There are several resistance levels above the current price, indicating that any rebound may be limited. Bitcoin's Relative Strength Index (RSI) is close to 46, which is below the neutral level of 50, suggesting that sellers have a slight advantage. If Bitcoin can break through the range of $64,488 to $66,604, it could help drive a further rebound. The current support level is at $62,300; if it falls below this level, it may increase selling pressure, leading the price closer to the broader support range of $57,800.