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Bitcoin hovers near $65,000 with key support at $60,000 amid Fed meeting anticipation.

Technical Signals
22 Jul 2026
Forbes
View Source
Neutral
Bitcoin hovers near $65,000 with key support at $60,000 amid Fed meeting anticipation.

Bitcoin prices fluctuated near $65,000 on July 22, down nearly 50% from its October 2025 peak above $125,000. Analysts identified critical technical levels for traders to watch: resistance around $67,000-$68,000 and strong support at $60,000. The upcoming Federal Reserve meeting on July 28-29 and bitcoin ETF inflows are seen as key factors that could influence price direction. While some analysts see $60,000 as a firm bottom, there is caution about a potential further dip before a sustained rise, similar to patterns seen in 2022.

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