Jordan Kerridge: Bitcoin holds $64,000 level as bulls eye $65,000

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Bitcoin holds $64,000 support level

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7 hours ago

Jordan Kerridge: Bitcoin holds $64,000 level as bulls eye $65,000 — Bitcoin holds $64,000 support level

Jordan Kerridge highlights that Bitcoin is currently trading at a key chart level.

He points out that $64,000 has again acted as support. Kerridge believes that if bulls can defend this level, the price may push toward $65,000, with a further reclaim possibly opening the path to $65,700. However, he cautions that if Bitcoin drops below $64,000, it could head back toward $63,000.

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Earlier this week, Kerridge reported that spot Bitcoin ETFs recorded over $220 million of inflows after 10 days of outflows. He has also noted that nearly 47% of Bitcoin is currently held at an unrealized loss. These developments come as traders watch how Bitcoin holds above key chart levels.

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