Bitcoin Holds $65K, But $65.7K Will Decide the Next Big Move
Bitcoin dips below $65K as escalating Iran tensions rattle risk markets. Traders now watch $65,700 to confirm BTC’s next big move.
Bitcoin briefly slipped under $65,000 during yesterday’s sharp sell-off before buyers stepped back in. The reclaim shows short-term resilience, but a bigger test still lies ahead.
Traders are now watching $65,700 as the level that could decide the next major Bitcoin move.
A confirmed break above that mark would flip momentum back toward bulls. A failed attempt could send prices sliding toward $63,000 instead.
Bitcoin Price Eyes the $65,700 Level for Direction
Market analyst That Martini Guy, posting on X, said Bitcoin reclaimed $65,000 after briefly dipping below the mark.
He called $65,700 the key level buyers must reclaim to shift short-term momentum back in their favor. A failure to clear that level, he added, would likely send price down toward $63,000 next.
He pointed to steady spot Bitcoin ETF demand and balanced funding rates as reasons the pullback may not signal a deeper rollover.
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