Bitcoin Range-Bound Near $65K as $65,800 Resistance Caps Upside

Bitcoin (BTC) is settling into a new trading range after failing to hold recent highs near $67,000, with market participants increasingly focused on a dense ‘sell wall’ around $65,800 and emerging support in the mid-$64,000s. The shift suggests short-term equilibrium rather than a clear directional breakout, as liquidity concentrates between well-defined resistance overhead and a growing base of bids below.

According to data from BitcoinCounterFlow’s price-volume heatmap taken on Wednesday, June 18 (UTC), the strongest weekly ‘point of control’ (POC)—the price zone with the highest…  Read more

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