Yesterday, 63.5k held it twice. Today, it failed to hold.

This week, BTC slid from 67,292 to 62,349—over five days, it lost 5,000 points. It’s not a crash; everyone is just watching it grind down day by day.
The FOMC didn’t cut rates. Powell said we still have to wait. The rate-cut narrative officially died this week. DXY surged to 100.7, gold got smashed, and Goldman cut its year-end target by 00. Risk assets are getting wiped out across the board—this isn’t just about the crypto space.
I scanned the altcoins: the biggest gainers are ATM +5% and BEL +5.6%—all small coins with trading volumes in the millions. ETH at 1690, SOL at 68.27, both sitting near their yearly lows. Even the blue chips can’t stand on their own, let alone the small caps—nobody’s watching them.
I said yesterday I didn’t know which day it would break. Today, it broke right then. 63.5k is gone. The next clean support is 62k; below that is 59.1k—that’s the 52-week low. If 62k can’t hold, then 59.1k is the real test.
Resistance above: 63.5k (breaks and turns into support), 64.6k.
Support below: 62k, 59.1k.
This market isn’t scary. It’s just slowly deflating, one step at a time. A bottom cut by slow knives usually doesn’t rely on a single news catalyst reversing it. What it relies on is enough people no longer caring about the price. We’re not there yet.