Bitcoin struggles to hold $65K, facing selling pressure near $67.5K short-term cost basis

Published 2 days ago 1 min read
Bitcoin struggles to hold $65K, facing selling pressure near $67.5K short-term cost basis

Bitcoin is struggling to maintain support around $65,000 as selling pressure emerges near the $67,500 short-term holder cost basis. The level is being watched as a potential resistance zone that could shape Bitcoin’s near-term price direction.

Bitcoin struggles to hold $65K, facing selling pressure near $67.5K short-term cost basis Pluang

Key Takeaways

  • 01 Bitcoin is finding it difficult to hold above $65,000.
  • 02 Selling pressure is concentrated near the $67,500 short-term holder cost basis.
  • 03 The $67,500 area may act as a key short-term resistance level.

Attribution

Originally reported by Pluang

Get stories like this, daily.

Daily crypto + regulation intelligence, straight to your inbox. Free.

Related Stories