Bitcoin Price Slips Below $64K as Bulls Eye $67K

The price of Bitcoin (BTC) has fallen below the $64K mark to around $63,981.

Its daily trading volume has surged by over 50% to $21.78 billion, with a range between $63,752 and $65,316 in the past 24 hours.

Peter Brandt has flagged a potential decline, pointing to a large head-and-shoulders pattern developing on the chart.

For BTC to break into serious rally territory, it needs to reclaim the resistance zone of $67.2K, $67.5K, and for the longer term, $82,850 remains a critical range.