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Bitcoin fails to hold $65,239, risking a drop to $60,000-$61,000 support zone.

Technical Signals
01 Aug 2026
Coinpaper
View Source
Bearish
pluang ai news

Bitcoin reversed sharply after reaching $65,239, keeping the short-term outlook bearish with key support levels at $63,268, $62,180, and the $60,000-$61,000 region. The price could rebound toward the $67,000-$68,000 monthly imbalance zone but must reclaim resistance levels above $65,000 to avoid further decline. A break below $63,268 would confirm renewed downside momentum, potentially pushing Bitcoin toward $60,000-$61,000. The broader bearish scenario remains unless Bitcoin can sustain above the $65,239-$65,661 resistance zone and the monthly gap near $72,000.

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