Bitcoin Holds Near $65,000 as $65,900 Resistance Tests Bullish Momentum

Bitcoin (BTC) is hovering in the mid-$65,000 range, and traders are increasingly focused on whether the market can hold the psychologically important $65,000 area—or reclaim a heavy supply zone near $65,900 that could determine near-term direction.

As of Wednesday ET, BTC was trading around $65,825, according to Binance data cited in a weekly price ‘residence’ heatmap analysis. The asset remains down about 47.77% from its prior all-time high of $126,038, but it is also sitting near the top of this week’s observed range of roughly $62,500 to $67,000, suggesting a market that is consolidating…  Read more

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