Bitcoin Price Prediction: BTC Stuck Below $65K as Traders Eye $60K Support

Bitcoin remains under pressure near $63,000 as repeated failures to clear $65,000 keep buyers from regaining momentum. Analysts are now watching support around $60,000 to $61,000 and resistance extending toward $65,000 to $66,000 for the next confirmed BTC price move.

Bitcoin Struggles Below $65,000 as Key Resistance Holds

Bitcoin continues to struggle below $65,000 after several attempts to break above the level were rejected. Daan Crypto Trades said the repeated failures show that buyers have yet to regain control, while stocks continue to outperform cryptocurrency.

Bitcoin Weekly Chart Shows $65,000 Rejection. Source: Daan Crypto Trades (@DaanCrypto) on X

The weekly BTC/USDT chart shows Bitcoin trading near $63,000 after another failed attempt to move above $65,000. The level has become the first major hurdle for buyers, with recent rallies repeatedly losing momentum near that area.

A larger resistance zone appears around $72,000 to $74,000. The chart shows that this area has acted as an important support and resistance region during previous market swings. A sustained move above the zone would strengthen the case that Bitcoin is rebuilding its broader bullish structure.

Until then, the price remains below a key technical barrier, leaving Bitcoin vulnerable to further weakness if buyers cannot generate stronger momentum.