Bitcoin Tests $64,100 Resistance While Defending $60K Support
Bitcoin is now confronting immediate resistance at the $64,100 level after holding the critical $60,000-$62,000 demand zone through the day. Earlier analysis warned that a decisive break below $60,000 would trigger a deeper breakdown, while the cost-of-production breach raised fresh miner-stress concerns that could add selling pressure. The latest technical read shows price respecting a buyer zone near $61,800 and eyeing a 38.2% Fibonacci retracement at $64,100; a rejection would keep sellers in control, whereas a clean reclaim could open the path toward the $81,000 supply area.