Bitcoin Stuck Below $64,300 as Global Equity Markets Hit Record Highs
Bitcoin's price has been stuck below $64,300 for the fourth time, despite global equity markets hitting record highs. The cryptocurrency is currently trading at $64,068.82, down 0.42% in the last 24 hours.
The $64,300 level is a key resistance point, and whether Bitcoin can break through it will be crucial in determining its next move. A daily close above $65,000 would open up the path to $68,000 and potentially even $72,000.
However, on the downside, $60,000 remains a critical support level that needs to hold on any pullback. If it breaks, the entire recovery from the lows could collapse.