Bitcoin Price Prediction Today: Can BTC Recover After Crashing Below $64K?
Bitcoin has now fallen below $634,000, adding fresh pressure to an already fragile market structure. What previously looked like a sideways range near $65K is now testing the lower boundaries of support, increasing the risk of a deeper correction.
A sustained breakdown could accelerate liquidations and extend the correction.
Bullish Scenario: Can BTC Reclaim Lost Ground?
For bulls to regain control, Bitcoin needs to quickly reclaim former support and push back above the $66,400–$67,700 resistance zone.
A strong move above $67,719 would weaken the bearish case. The key invalidation level for the downside scenario remains near $68,840.
Until BTC can recover those levels, rallies may be viewed as relief bounces rather than confirmed trend reversals.
Bitcoin Outlook: Volatility Likely Ahead
The dip below $64K marks a shift in short-term momentum. What was previously a range-bound market now faces real breakdown risk.
If support fails to hold, the next leg lower could unfold quickly. However, if Bitcoin stabilizes and reclaims key resistance levels, the breakdown may prove temporary.
With volatility increasing and critical levels in play, Bitcoin appears to be approaching a decisive moment. Traders should monitor the $62.5K support and the $67K resistance zone closely as the next move could define the trend for weeks ahead.
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