Bitcoin Crashes To $64,000: Will This Historical Support Hold?
📉
Bitcoin is experiencing a retest of a historically significant support level at $64,000 after a recent plunge. The short-term holder realized price, an on-chain indicator representing the acquisition cost for short-term investors, has been reached. This price, when above or below market value, indicates net unrealized loss or profit. Historically, retesting this level marks a transition between bearish and bullish periods.
Short-term holders (STHs), defined as those who bought Bitcoin within the past 155 days, react sensitively to shifts in the asset's price. The retest of their cost basis influences market behavior significantly. When the broader market is bullish, STHs see their cost basis as a buying signal, providing support. Conversely, bearish trends may trigger panic selling, setting resistance levels.
Recently, Bitcoin broke above the short-term holder realized price, a sign of bullish sentiment. However, the current market dip reintroduces uncertainty. If Bitcoin maintains support at this level, it suggests a continued bullish outlook. If it falls below, the market may experience a bearish shift. Bitcoin is currently trading at around $64,800, down 2% over the last 24 hours.
Kaynak: www.newsbtc.com ↗
Benzer makaleler (115)
Bitcoin at “Make or Break Moment” as $46K Support Comes Under Scrutiny: ARK
Bitcoin short-term holders will be ‘seriously tested’ if BTC loses $61.6K — Analyst
Bitcoin Price Analysis: Will $62,000 Support Hold Amid $4.4B Government Sale and SEC Lawsuit?
Bitcoin 'make or break moment' hangs on $46K BTC price support — Research
Bitcoin at a ‘pivotal juncture,’ $60K not out of the picture — Analyst
Bitcoin analysts say BTC is in a ‘good position’ above the 200-MA and $65K
How low can the Bitcoin price go?
Bitcoin’s drop below $62K shows BTC price remains on ‘delicate ground’
Watch these BTC price levels as Bitcoin taps $64K
Watch these 3 BTC price levels if Bitcoin breaks below $55K
BTC price support at $62K must hold if Bitcoin bears step in — Traders
Watch these 3 BTC price levels if Bitcoin breaks below $55K
Bitcoin at ‘pivotal juncture,’ $60K not out of the picture — Analyst
Bitcoin Holds Onto Rate Cut Gains, But Analysts Say $60,000 Is Still a Critical Battleground
Bitcoin’s drop below $62K shows BTC price remains on ‘delicate ground’
Bitcoin Price Tests $60,225 Support: Will Bulls Push to $65,000?
Bitcoin short-term holders will be ‘seriously tested’ if BTC loses $61.6K — Analyst
Bitcoin Is Nearing Key Support Levels, But Analysts Advise Caution
Bitcoin short-term holders will be ‘seriously tested’ if BTC loses $61.6K — Analyst
Bitcoin must reach a 'higher high' to confirm uptrend after dip below $58K
Bitcoin short-term holders will be ‘seriously tested’ if BTC loses $61.6K — Analyst
Bitcoin must reach a ‘higher high’ to confirm uptrend after dip below $58K
Watch these BTC price levels as Bitcoin taps $64K
Bitcoin ‘Must Do This Now’, Says Crypto Analyst
Bitcoin’s Bull Rally Hinges On $57K Support Level—Here’s Why It Matters
Bitcoin On The Brink: Will $60K Hold Or Is A Major Correction Coming?
Bitcoin Failed Attempt To Break $64,000 Could Lead To A Disaster – Analyst
Bitcoin Makes Third Retest Of Historical Support, Analyst Sounds Alarm
Wondering When To Buy Bitcoin? Here Are The Levels To Watch
Critical Moment For Bitcoin: Analyst Reveals Key Psychological Turning Point
Bitcoin Crash: Analyst Says A Break Above This Level Will Trigger FOMO
Bitcoin Recovery Path To $60,000: Analyst Reveals Why $55,881 Is Important
Bitcoin (BTC) at critical juncture - bounce or rejection?
Bitcoin’s Momentum Builds, But Reclaiming $60,000 is Crucial, Says Analyst
Will Bitcoin Break Through $70k? Short-Term Holders’ Buy Price Holds The Key
Bitcoin (BTC) holding support - up from here?
Is Bitcoin Headed For A Rally Or Ruin? This Key Price Point Could Decide
Bitcoin Set For Critical Price Resistance Encounter – Analyst
Bitcoin (BTC) down, but certainly not out
Bitcoin Price Action Watch: 3 Pivotal Zones That Could Sway BTC’s Next Move
Battleground At $60,000: Bitcoin Faces Pivotal Test As Bulls Aim To Reclaim Key Support
Bitcoin (BTC) last support before the plunge
Bitcoin Analyst: 4 Crucial Support Levels To Watch If BTC Falls
Bitcoin (BTC) still holding critical support - why it will recover
These Are The Biggest Bitcoin Support & Resistance Zones, Analyst Reveals
Bitcoin To Remain Under Pressure Until Bulls Break This Crucial Level
Bitcoin’s Battle: Key Levels for Bull Market Support Band
Bitcoin (BTC) At “Psychological Turning Point”, History Shows What Comes Next
Bitcoin at $56K – Here’s what can trigger BTC’s next bull run
Analytics Firm Reveals Critical Level Bitcoin Needs to Hold For Bullish Sentiment to Continue
Bitcoin Technical Analysis: $50,000 Support Under Siege as Bearish Trends Persist
Bitcoin Must Reclaim This Level or $48,000 Looms
Bitcoin Fails to Surpass Key Resistance, Analysts Claim Bearish Outlook Holds
Bitcoin: Why $55,355 support is key for BTC in October
Bitcoin Technical Analysis: Bearish Momentum Meets Critical Support
Bitcoin Price Prediction: Choppy Price Action Expected for Two Weeks, $68K To Become a Key Support Level Next
Prominent Analyst Reveals the Level to Hold to Avoid a Fall to $40,000 in Bitcoin
Bitcoin falls to $49K, but recovers – Now, THESE levels are important
Is Bitcoin’s End Game Near? Bears Flirt with $60K as More Downside Looms in Coming Weeks
Bitcoin holders on edge: Analysts point to THESE key levels to monitor
Will Bitcoin's Rise Continue? According to Analyst, This Level Is The Key Point For The Rise!
Bitcoin Price Prediction: What a Dip Below $60,000 Could Indicate Now?
Bitcoin’s potential bounce: Will $63K support lead to BTC’s rally?
Bitcoin Price Prediction: Short-Term Bounce Ahead, But $56K Dip Threatens Larger Rally
Bitcoin Price Analysis: Why $66K Level Is Important To BTC
Will Bitcoin hold $60K support or fall back to $57K? Indicators suggest…
Bitcoin Hits Critical Support Level
Bitcoin Started the Week with a Drop! How Much More Can BTC Fall? Famous Analysis Company Announces Critical Level to Follow!
Bitcoin at key psychological level: Will BTC’s history trigger a rally?
Is Bitcoin (BTC) Price Heading for $70K Breakout or $40K Crash?
Analysts Explained! Bitcoin (BTC) Investors Should Follow This Level and These Events for an Increase!
Experienced Analyst Gave the Critical Level in Bitcoin: “If This Level Is Broken, It Points To $31,500”
Bitcoin Hangs on Critical Support: Will BTC Price Rise to $66,000 or Face a Rejection to $60,000?
Will Bitcoin break $67K for a rally or stay below $60K?
Will Bitcoin’s $50K support hold? Analysts weigh in!
Bitcoin Price Prediction: Is Breaking Past $57,000 the Key to Reaching New All-Time Highs?
BTC Price Today: The $63.25K Level That Could Spark a Bitcoin Sell-Off!
Examining why Bitcoin’s $63,000-level is key to avoiding the next sell-off
Bitcoin flashes bearish signs! Watch out for THIS crucial level
Bitcoin Approaches Crucial Support: Here’s Why Holding $56,000 is Extremely Important for the BTC Price Rally
Why $58,400 is Crucial for Bitcoin and How It Could Pave the Way to $100,000
Experienced Analyst Announces Level That Could Start Bullishness in Bitcoin, Warns Against Short-Term Decline!
Bitcoin to $65K and beyond? What THIS key level says
Top Analyst Says Bitcoin Avoided Major Breakdown Despite Liquidations; Outlines Path to $50K
Bitcoin (BTC) Retests $57,000: Final Pullback Before All-Out Rally
Bitcoin Price in Critical Range: Break Above $61K Could Test ATH
Bitcoin Rejected at $64K, So What Happens Now? Analysts Announce Risky Levels for BTC, Share Their Expectations!
Bitcoin: Why $61K is a crucial battle zone for BTC
Bitcoin Shows Signs of Falling Below Critical Range
Bitcoin Tests Historical Support Level
CryptoQuant Highlights Bitcoin’s Recent Surge and Key Levels for Short-Term Traders
Bitcoin Faces Critical Support Level
Analyst Warns of Significant Bitcoin Selling Pressure
Analysts Highlight Key Bitcoin Price Levels
Analysts Predict Bitcoin Bears Face Critical Resistance at $64,000
Bitcoin Price at Critical $56,800 Level: Rebound or Further Decline Ahead?
Bitcoin Price Analysis: Key Levels to Watch as BTC Faces Resistance at $65,103
Bitcoin’s Next Move: Critical Price Levels Identified by CryptoQuant Analyst
Bitcoin Struggles Below Bull Market Support, Analysts Predict Volatility Explosion
Bitcoin Drops 4% From Daily High, Experts Eye Support at $57.2K-$57.4K
Bitcoin Price Analysis: Key Support Levels to Watch as Market Consolidates Below 200-Day Moving Average
Bitcoin Faces Potential Correction if Crucial Support Level Fails, Warns Analyst Ali Martinez
Bitcoin Could Ignite a Bull Run if it Breaks Past Critical $61,500 Resistance, Analyst Says
Analysts Expect $50K Bitcoin Support to Hold Amid Increased Wallet Activity and Long-Term Bullish Sentiment
Bitcoin Poised for September Rally if $58K Support Holds, Says Rekt Capital
Bitcoin Breaks Key Support at $53K: What’s Next for BTC Price?
Bitcoin’s Key Liquidation Levels: Can BTC Break $63,000 or Fall Below $61,000?
Bitcoin Price Eyes Comeback: Key Levels at $57,289, $61,906, and $70,283
Bitcoin’s $50k Support Zone Crucial Amid Market Fear and Oversold Conditions
Analyst Predicts Bitcoin (BTC) Surge if Crucial $54,000 Support Level Holds
Bitcoin Price Analysis: Potential Plunge Below $60K Key Support Level Looms
Bitcoin Faces Critical Test: $63,000 Support Level Key to Sustaining Bullish Trend
Bitcoin Ready for Parabolic Surge After Confirming $65,000 Support Level: Rekt Capital Analysis
Bitcoin Testing Crucial $64K Support: Key On-Chain Metric Signals Bullish Potential
Bitcoin Nears Crucial Retest: Could Support Levels Signal a Shift in Momentum?
