Bitcoin Stuck in Neutral Below $64,100

Bitcoin's price is struggling below $64,100, with key resistance at $64,500 and support at $63,300. The current downward pressure on Bitcoin has traders watching these two levels closely.

The price could retest the $64,500 level, but a failure to break above it may lead to a drop toward $63,300, where buyers might step in.

For a stronger upward momentum, Bitcoin needs to break above $67,000, a level that has capped recent rallies. A drop below the $60,000 range low would risk a deeper decline and weaken the current recovery outlook.