Bitcoin Falls to $65,385, Lowest Since February

Bitcoin declined as investor interest shifted toward equities and initial public offerings. The cryptocurrency dropped to $65,385, testing its lowest level since February. This decline signals a reduction in risk appetite in the market. Analysts note that Bitcoin is struggling to hold critical support levels. Investors moving toward more traditional assets have increased selling pressure in the crypto market. In particular, attractive returns from IPOs have accelerated outflows from Bitcoin. Technical indicators suggest that if Bitcoin falls below the $65,000 level, a deeper correction could occur. Market participants are closely watching whether this level can be maintained in the coming days. This is not investment advice.

📊 BTC — Piyasa Yorumu

▼ down · 65%

Bitcoin fell 4.2% in the last 24 hours to $67,342, briefly touching $65,385—its lowest level since February. The RSI at 42.4 has dipped below neutral territory but has not yet entered oversold territory (below 30), suggesting that the downward momentum could continue. The MACD is in negative territory and below the signal line, indicating sustained short-term weakness. The price is trading below both the 20-day ($67,514) and 50-day ($69,933) moving averages, which paints a negative technical picture. However, if the decline accelerates, the $65,000 level could be tested as psychological support, and any buying reaction from that level could trigger a short-term recovery.

RSI 14

42.4

MACD

-983.45

24h Δ

-4.24%

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