Bitcoin’s price moved up marginally in the last 24 hours, but it might take longer for BTC to turn volatilestarted to stabilize as its value stayed above a crucial support level. This latest development could result in a price uptick in the coming days, allowing BTC to reclaim $64k., BTC’s price has dropped by more than 3% in the last seven days. However, the last 24 hours were better, as the coin’s price moved up marginally.
This clearly indicated that the top players in the crypto market were selling BTC, which could make it problematic for the coin to touch $64k in the short term.To see whether the recent sell-offs will have an immediate impact on BTC’s price action, AMBCrypto then analyzed its daily chart.
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