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Crypto

Bitcoin Stuck Near $64,000 Amid Divided Trader Sentiment

Guavy AI Editorial Team
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BTC
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The Bitcoin price in SGD has been stuck near S$82,000 (approximately US$64,000) as traders remain divided on its next direction. This comes after a significant drop of about 50% from its peak of US$126,000 in October 2025. The cryptocurrency has been trading within the range of US$63,000 and US$66,000 this week.

While some bearish analysts predict a potential drop to between US$58,000 and US$53,000, bullish forecasts point towards a recovery to US$125,000-US$130,000 by mid-2027. Key support levels for Bitcoin are currently at US$63,500-US$63,700, with resistance between US$65,500 and US$66,000.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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