According to CoinMeta, as Qatar reported progress in resuming negotiations between the United States and Iran, the price of Bitcoin rebounded above $64,000. According to Crypto.News data, the price of Bitcoin ($BTC) approached $64,100 during trading on Tuesday evening, rising from a intraday low of $63,300 and continuing the rebound from the support range of $62,400-$62,500. The daily chart shows that Bitcoin closed at $63,496, breaking through the 61.8% Fibonacci retracement level. If it can maintain this level, it will sustain its recovery trend and allow buyers to target the 78.6% retracement level of $65,026. Technical indicators indicate that Bitcoin is still within a broader consolidation range of $57,868 to $66,975. If the daily closing price exceeds $65,026, it will strengthen the short-term recovery, but the July high of $66,975 remains a more significant breakout level. A spokesman for Qatar's Foreign Ministry stated that Qatar hopes for the normalization of conditions in the Strait of Hormuz, and diplomatic efforts have alleviated concerns about global energy supply.