Bitcoin Price Prediction as BTC Tumbles to $65,000 Level – Time to Buy the Dip?
In recent trading, Bitcoin (BTC/USD) dipped to $65,394, down by 0.75%, prompting speculation about its next move.
As market watchers analyze the Bitcoin price prediction, the $66,631 pivot point looms large, potentially guiding BTC’s short-term trajectory.
With resistance and support levels tightly bracketing the current price, the market is at a crossroads, weighing the impact of broader economic signals and sector-specific developments.
Bitcoin miners are powering back up, turning previously unprofitable rigs into active contributors to the network’s security and processing power. The hash rate, a measure of computational power, has surged by 14.7% since the start of the year, reflecting the revival of older mining machines alongside the deployment of advanced equipment.
