Bitcoin Price Forecast: BTC Risk Drops to $63,300
2026-08-10 20:22:28
According to CoinMeta, as reported by coinpaper, Bitcoin (BTC) is facing the risk of falling to $63,300 after encountering a resistance level of $65,400. Technical charts show that after five waves of gains, there are signs of weakness in the short term, with the current key resistance level at $66,291. If the price breaks through this resistance level, it will weaken the bearish trend. Analysts point out that if BTC fails to break through $65,400 and falls below the upward channel, it will further strengthen the bearish signals. Currently, $63,300 is seen as the main downward target, and if sellers control the market, it may further test deeper support areas.
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Source:Coinpaper
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