Bitcoin Price at Risk of Falling to $60K After Rejection from $65,239

Bitcoin's recent rejection from $65,239 has put its short-term outlook under pressure. According to analysts, support levels at $63,268 and $62,180 are in focus.

The first immediate resistance sits near $64,189, followed by $64,547 and $65,061. Bitcoin would need to recover these levels to challenge the recent target area again.

A deeper decline could place the $61,278-$61,111 region in focus. Buyers would need to defend that area to prevent the bearish structure from extending further.