Bitcoin has taken a sharp dive below $65,000, raising concerns among investors and analysts. This post examines the current market situation, technical levels, and expert expectations for the cryptocurrency sector.
Due to intense panic and selling pressure, the largest cryptocurrency in the world fell below $65,000, its lowest level in more than a year since US President Donald Trump assumed office for a second term.
Bitcoin Price Overview
According to data on CoinMarketCap, the price of Bitcoin was $64,352.40 at the time of writing, down 9.84% over the previous day and 33.82% over the previous year. In October 2025, the token hit a record high of $1,26,000, but it has since fallen precipitously.
According to Delta Exchange research analyst Riya Sehgal, Bitcoin experienced a 17% intraday swing, falling as low as $60,000 before rising to $64,000 levels.
Additionally, the token’s market capitalization was $1.28 trillion, down 9.78% over the previous day, while its trading volume was $143.98 billion, up 103.09%.
Market Share and FUD Analysis
The market share of Bitcoin was 58.2% (down 0.02%), Ethereum was the second-largest token with 10.4% (down 2.01%), and the remaining tokens made up 31.5% (up 2.04%).
This is “more of a surrender phase where traders tend to dwell under FUD (fear, uncertainty, and doubt),” according to the CoinDCX Research Team.
“A tiny correction frequently results in a significant pullback. Furthermore, other accounts state that the institutions were very optimistic following Trump’s election to the White House. However, his strategy has made markets more volatile, particularly for bitcoin, rather than more stable. As a result, investors might be leaving,” they continued.
Macro Market Influence & Liquidation
A connected macro slowdown in the traditional markets was the main driver of the wide market sell-off that caused the slump, according to data analysis on the platform. Investors were shifting across asset classes.
Long holdings accounted for 89% of the total, with almost $1.03 billion in Bitcoin positions liquidated in a single day, a 230% increase from the previous day. Prices dropped as a result of this forced selling.
Technically, on high volume (up 110%), Bitcoin broke and closed below the crucial 78.6% Fibonacci retracement mark at $63,047.05. According to the report, “a crucial technical breakdown reaffirmed negative momentum, while a cascade liquidation event compounded the slide.”
Short-Term Market Outlook
The CoinMarketCap analysis’s short-term market assessment was as follows: “A relief rebound above $67,020 is likely if BTC holds above the $63,047 Fibonacci support; a fall below risks a deeper slide toward $60,074.” Keep an eye out for US equity futures to stabilize.
With a market cap of $2.23 trillion and trading volume of $304.02 billion, the entire cryptocurrency sector is losing money. The overall cryptocurrency market capitalization dropped more than 10% in a single day, according to the CoinSwitch Markets Desk. This is an odd correlation that suggests margin-driven selling and leverage unwinds.
Crypto Market Status
CoinDCX reports that the cryptocurrency market has “officially entered a negative period.” CoinMarketCap data indicated that the Fear and Greed Index was at the “Extreme Fear” level.
With a market capitalization of $230.47 billion (down 8.66%) and trading volume of $70.96 billion (up 48.52%), Ethereum was trading at $1,908.69 (down 8.85%) during the previous day.
With a market capitalization of $185.5 billion (down 0.08%) and trading volume of $249.65 billion (up 70.01%), Tether was trading at $0.9988 (down 0.08%).
With a market capitalization of $84.42 billion (down 10.41%) and trading volume of $5.51 billion (up 56.85%), Binance was trading at $619.16 (down 10.49%).
With a market capitalization of $77.48 billion (down 11.7%) and trading volume of $13.05 billion (up 165.05%), XRP was trading at $1.27 (down 12.02%).
Other Cryptocurrencies Performance
Among the other important coins, Dogecoin fell below $0.09 and Solana fell sharply below $68.
With increases of 8.32% and 7.81%, respectively, MYX Finance and Decred were the biggest winners.
The biggest losers were Jupiter (18.11%), Optimism (19.28%), Monero (21.29%), and UNUS SED LEO (26.2%).
🚨 Bitcoin Market Update
- Current Price: $64,352.40
- Market Cap: $1.28 Trillion
- Intraday Swing: 17%
- Significant Support: $58,000–$62,000
- Key Resistance: $71,000–$72,000
- Market Sentiment: Extreme Fear
Future Expectations
Sehgal believes that Bitcoin is still above its 200-week moving average (~$58,000), a historically significant support level, in spite of the extreme volatility. Technically speaking, Bitcoin will encounter resistance in the short term around $71,000–$72,000, while there will be high demand between $58,000 and $62,000. A consolidation phase might start before a more extensive recovery if it stabilizes above this range, she continued.
“With ETF demand slowing and spot absorption restricted, Bitcoin may test $60,000–$62,000 support, with downside risk toward $56,000 in a more risk-off situation,” the CoinSwitch Markets Desk continued.
Additionally, the daily moving averages provide a strong sell signal, signaling overhead resistance, according to Nischal Shetty, founder of WazirX. The overall trend points to consolidation or a decline, even though oscillators indicate a short-term purchase bias. Before making new entries, traders should keep an eye on support around $62,000. As markets wait for more precise liquidity and policy signals, price activity is probably going to stay range-bound, he continued.
According to Akshat Siddhant, Lead Quant Analyst at Mudrex, “this phase offers a favorable accumulation opportunity through controlled, staggered buying” for long-term investors. For traders, the immediate barrier is $70,000, while $55,500 is still a crucial support.
⚠️ Bitcoin Trading Highlights
- Top Gainers: MYX Finance +8.32%, Decred +7.81%
- Top Losers: UNUS SED LEO -26.2%, Monero -21.29%
- BTC Longs Liquidated: $1.03 Billion
- Fibonacci Support: $63,047
- Short-Term Range: $60,000–$67,000
- Sentiment: Extreme Fear
Frequently Asked Questions
1. What caused Bitcoin to drop below $65,000?
Widespread market sell-offs brought on by investor anxiety and macroeconomic volatility are responsible for Bitcoin’s collapse. A large percentage of Bitcoin positions (~1.03 billion) were liquidated in a single day, primarily long positions (89%), which put pressure on prices. Technical breaks around $63,047, below the 78.6% Fibonacci retracement, further supported the bearish momentum.
2. What does the “Extreme Fear” scale show?
The “Extreme Fear” level of the Fear and Greed Index indicates that traders are extremely pessimistic. Although this typically signals strong selling pressure, historically, periods of intense panic have presented long-term investors with opportunities to buy.
3. How does the price of Bitcoin look in the near future?
According to analysts, Bitcoin may rise to $67,020 if it stays above the $63,047 support. In the event that macro market weakness persists, a break below that level might lead to a deeper decline toward $60,074, with additional risk down to $56,000.
4. What is the performance of other significant cryptocurrencies?
Ethereum: $1,908.69 (down 8.85%)
Binance Coin: down 10.49% to $619.16
XRP: $1.27 (down 12.02%)
Solana: less than $68
Dogecoin: less than $0.09
In a single day, the total value of the cryptocurrency market dropped by more than 10%, a sign of widespread leverage unwinds and margin-driven selling.
5. Is this a chance for investors to buy?
This might be a favorable accumulation phase, according to long-term analysts. Bitcoin is still above its 200-week moving average, which is a historically reliable support level at about $58,000. Although traders should keep an eye on important levels around $55,500–$62,000 and resistances around $70,000–$72,000, disciplined, staggered buying may be an option.
Conclusion
Due to severe volatility and market apprehension, Bitcoin has fallen below $65,000, its lowest level in more than a year. While long-term investors may see the present decline as a strategic chance for accumulation, short-term traders may continue to be range-bound between $60,000 and $67,000.
Although market observers warn that the cryptocurrency market has formally entered a negative trend, crucial support levels may stabilize prices prior to a possible rebound.
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always conduct your own research before investing in cryptocurrencies.
