#BTC Recent Price & Market Action
Bitcoin has been falling sharply, dropping below $64,000–$65,000, the lowest in over a year, and losing ~50% of its value from the October 2025 peak. �
Business Insider +1
Many analysts describe this as a capitulation phase — where selling pressure and fear dominate the market. �
Business Insider
The Relative Strength Index (RSI) — a momentum indicator — hit very low levels (suggesting the market may be “oversold”). �
CoinDesk
🪙 Technical Levels to Watch
Support: Traders see potential support around $58,000–$62,000 range, where buyers might come in. �
mint
Resistance: Near-term resistance could be around $70,000+ — a level BTC must reclaim for a bullish tone. �
mint
Analyst views differ, with some saying the price could drop further toward $55,000–$57,000 if selling continues. �
Business Insider
🧠 Market Sentiment
Bearish sentiment is strong right now — many technical indicators (like moving averages and MACD) show sell signals on BTC charts. �
Investing.com India
Some traders see recent lows as a possible accumulation opportunity if you’re a long-term investor. �
mint
Broader crypto market turbulence and larger sell-offs by big holders have increased volatility$BTC
#BTC #MarketCorrection #WhenWillBTCRebound #RiskAssetsMarketShock