$BTC ‌ is hovering around $63,000 as traders watch key support levels closely.



The market's been stuck in a tight range, and yesterday's $57.63 million net outflow from spot Bitcoin ETFs marks the third straight day of withdrawals.

Analysts are calling for a breakout either above $65,000 or a drop below $62,000 to end this sideways action.

Some are watching for a possible dip to $61,600, while a clean break below $62,500 could trigger more selling pressure.

That said, if Bitcoin holds key supports like the 200-week moving average, bulls could push it toward $64,000 and beyond.

What do you think are we breaking out soon or testing lower levels first?
BTC0.20%
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