Bitcoin Price Today Falls Below $65,000 to 1-Year Low as Selling Pressure Intensifies — What Experts Say Next
Bitcoin price today: Bitcoin, the world’s largest cryptocurrency, slipped below the $65,000 mark on Thursday, hitting its lowest level in over a year amid heightened market volatility, extreme fear, and aggressive selling across digital assets.
At the time of writing, Bitcoin was trading at $64,352.40, marking a 9.84% decline in the last 24 hours and a 33.82% drop year-on-year, according to data from CoinMarketCap. The latest slide comes amid broader weakness in global risk assets and renewed caution among crypto investors.
Bitcoin had touched a record high of $126,000 in October 2025, but prices have since remained under sustained pressure. Market participants noted sharp intraday volatility, with Bitcoin briefly dipping below $60,000 before rebounding modestly.
Market Data Snapshot
- Market capitalisation: $1.28 trillion (down 9.78% in 24 hours)
- Trading volume: $143.98 billion (up 103%)
- Bitcoin dominance: 58.2%
- Ethereum dominance: 10.4%
What Triggered the Bitcoin and Crypto Market Decline?
According to analysts, the recent downturn reflects a capitulation phase, where traders retreat amid fear, uncertainty, and doubt (FUD). Market participants pointed to a combination of macro-economic weakness, high leverage, and institutional position unwinding as key contributors.
Analysts also highlighted that optimism following the return of Donald Trump to the White House has faded, with policy uncertainty and volatility weighing on investor sentiment rather than supporting prices.
Data showed that over $1.03 billion worth of Bitcoin positions were liquidated within 24 hours, a 230% increase from the previous day. Long positions accounted for nearly 90% of the forced exits, intensifying downward pressure.
From a technical perspective, Bitcoin closed below a critical 78.6% Fibonacci retracement level near $63,000, confirming bearish momentum. Analysts warned that failure to hold this zone could open the door to further downside.
Short-Term Outlook: Key Levels to Watch
Market analysts outlined two possible scenarios:
If Bitcoin holds above $63,000: A short-term relief bounce toward $67,000 may occur
If support bakres: Prices could slide toward the $60,000–$58,000 range
Stability in U.S. equity markets and easing liquidation pressure may be crucial for any sustained recovery.
Crypto Market Prices Today
The broader crypto market also remained under pressure:
Ethereum: $1,908.69 (down 8.85%)
Tether: $0.9988 (largely stable)
Binance Coin: $619.16 (down 10.49%)
XRP: $1.27 (down 12.02%)
Other major tokens saw sharp declines, with Solana slipping below $68 and Dogecoin falling under $0.09. The overall crypto market capitalisation dropped to $2.23 trillion, while trading volume surged to $304.02 billion, reflecting panic-driven activity.
The Fear and Greed Index remained firmly in the ‘Extreme Fear’ zone, signalling heightened risk aversion.
What Experts Expect Going Forward
Market watchers remain cautious in the near term but note that Bitcoin continues to trade above its 200-week moving average near $58,000, a level historically viewed as long-term support.
Analysts suggest:
Strong demand zone: $58,000–$62,000
Immediate resistance: $71,000–$72,000
Deeper downside risk: $55,000–$56,000 if global risk sentiment worsens
While short-term traders may remain cautious, some experts believe the current phase could offer gradual accumulation opportunities for long-term investors, provided volatility stabilises.
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