Today, July 28

The picture is moderately bearish so far: Bitcoin has lost the $65,000 area, and buyers are trying to hold support around today’s low.
The most likely range: $62,700–64,500.
Holding $62,700–63,000 will give a chance for a rebound to $64,300–65,000.
A breakout and hold above $65,000 would improve the outlook and open the way to $65,600–66,800.
A break below $62,700 could speed up the drop to $61,500–62,000.
Tomorrow, July 29
Tomorrow the risk of a sharp move is much higher: the Fed will release its decision at 20:00 Serbia time, and the press conference will start at 20:30. The meeting runs July 28–29.
My scenario assessment:
50% — sideways: $62,000–65,000.
30% — downside: a break of $62,700 and a move toward $60,000–61,500.
20% — upside: a return above $65,000 with a target of $66,500–67,000.
The market is cautious ahead of the Fed; today’s drop is also attributed to higher bond yields, worsening liquidity, and weaker demand via ETFs.
My conclusion: ahead of tomorrow’s Fed decision, a weak market around $63,000–64,000 is more likely. The main support is $62,700, the key upside reversal level is $65,000. Buying in large size directly before the Fed decision is especially risky.