Bitcoin Price Forecast: BTC Focusing on Breaking Through $65K, May Experience a Liquidity Cleansing at $62.2K
2026-08-16 21:16:37
According to CoinMeta, as reported by coinpaper, Bitcoin ($BJWKEEP_00002__) is currently hovering around $63,000. Traders are watching the support level of $62,200 and a breakout above $63,400, which could potentially open the way for a breakthrough towards $65,000. Analyst Kaz expects that there may be a manipulation-driven decline on Sunday, followed by buyers attempting to push prices up. If $BJWKEEP_00004__ can break through $63,400, it will move towards the resistance range of $64,500-$64,600. If it fails to break through, attention should be paid to the liquidity area below $62,250-$62,300.
Source:Coinpaper
This content is for market information only and does not constitute investment advice.
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