BITCOIN $BTC DROPS TO $64,313 AS SELLERS TAKE CONTROL
Bitcoin is trading at $64,313.81, down 4.12% over the last 24 hours as heavy selling pressure continues across the crypto market.
Market volatility pushed BTC to a 24-hour low of $64,092.49 after reaching a high of $67,516.00 earlier in the session.
Liquidations surged across the market as leveraged traders were caught offside during the sharp decline, accelerating downside momentum.
Institutional sentiment remains cautious following recent ETF outflows, while traders closely monitor whether demand returns at current levels.
Despite the correction, whale wallets continue accumulating during periods of weakness, suggesting long-term conviction remains intact among larger holders.
Key Support: $64,000
Key Resistance: $66,500
A recovery above resistance could signal renewed bullish momentum, while a loss of support may open the door for further downside pressure.
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