Bitcoin's Critical Support at $63K as $64K Reclaim Remains Key

Bitcoin's price has been testing its support level at $63,000 after losing the $64,000 mark. Analyst That Martini Guy identified this as a critical area, warning that if buyers fail to reclaim $64,000, the next major support could be around $61,000.

The current setup follows a rejection near $65,000, with the level repeatedly limiting upside attempts during recent trading periods. Funding conditions remain healthy, while leverage has cooled, according to MartiniGuyYT.

Martini Guy also pointed out that holding $63,000 could keep the current range intact and allow another test higher, but losing that level would put $61,000 back into focus.