Bitcoin Struggles Below $65K as Key Resistance Holds
Bitcoin (BTC) continues to struggle below $65,000 after several attempts to break above this level were rejected.
According to Daan Crypto Trades, repeated failures to clear $65,000 show that buyers have yet to regain control, while stocks continue to outperform cryptocurrency.
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, which has acted as an important support and resistance region during previous market swings. A sustained move above this zone would strengthen the case that Bitcoin is rebuilding its broader bullish structure.