Bitcoin price rebound from $60,000 support may extend as BTC forms a double bottom and bullish RSI divergence, but whale inflows and a bear flag pose risks.

Bitcoin may be on the path to $70,000, according to orderbook data and traders' recent changes to their positioning.

Bitcoin trades at $64,549 on June 14 with bearish MA signals, neutral oscillators, and bullish 1H and 4H chart structure.