Bitcoin Teases Rebound as $65,000 Holds

Bitcoin showed early signs of a tentative rebound as the $65,000 area held, with some observers describing the move as the "first steps" toward recovery ^[1]. Market participants remained split, with both upside and downside targets circulating as the Wall Street open brought renewed selling pressure and volatility ^[6].

Price action briefly dipped below $65,000, and sentiment indicators registered historic fear readings according to reporting on the move below that level ^[2]. The weakness in BTC also weighed on altcoins, with Hedera (HBAR) falling under the $0.10 mark and approaching a key support zone amid the broader market pullback ^[5].

Analysts flagged $65,000 as a critical technical and psychological threshold, noting its proximity to on‑chain metrics such as the 10‑Year Realized Price that some use to assess market structure ^[3]. Separately, chartists cautioned that a potential three‑day "death cross" could be confirmed, a technical pattern that past coverage has linked to deeper corrective phases ^[4].

Overall, coverage showed a market divided between traders seeing resilience and those warning of additional downside, leaving key levels and moving averages as focal points for near‑term direction ^[6].

Observers emphasized monitoring the $65,000 region and short‑term technical signals as traders digest mixed price action and heightened fear metrics; developments around these levels were expected to guide near‑term market direction ^{[1][2][3][4][6]}.