$BTC BTC is currently trading at $65,459, down 9.41% from its previous close. The market cap is around $1.53 trillion, and the price has been on a downward trend, with a 7-day loss of 14.26% ¹ ² ³.
*Key Levels to Watch:*
- _Support:_ $60,000, which is seen as a potential entry point
- _Resistance:_ $70,000, a key mechanical level
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*Technical Analysis:*
The charts show a bearish trend, with Bitcoin trading below its 50-day and 200-day moving averages. The Relative Strength Index (RSI) is at 30.15, indicating a neutral position ⁴ ⁵.
*Prediction:*
Experts predict a potential recovery, with some forecasting a price range of $72,000-$82,000 by February 9, 2026. However, others warn of further downside, citing rising trade tensions and leverage unwinds ⁵ ³.
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