Bitcoin chops near $63K–$66K as traders debate a bottom
Bitcoin appears to have rebounded toward $66K from about $63K, with traders split between comparing the chop to a 2023-style bottom and warning of downside below $60K. Price levels come from trader posts and are unconfirmed.
Not yet known
- Unconfirmed: whether bitcoin has rebounded toward $66K from about $63K
- Whether bitcoin will fall below $60K
- Whether the current trading range marks a bottom, as in 2023
What we know
A crypto trader jokes about an "almost $66K" day after an earlier $63K post, an unconfirmed indication of a rebound. Another trader says both bulls and bears are being chopped out, which could look like bottoming action in hindsight, similar to 2023, and adds he will delete the call if BTC falls below $60k.
Will Bitcoin dip to $60,000 in November?
Traders' bets on Polymarket, not a forecast by Global Eye 24. Polymarket · $596k traded · updated 09:48 UTC
What people are posting
Posts on X this story draws on. They are individual users' views and have not been verified by Global Eye 24.
“HAPPY almost $66K DAY TO DOSE WHO CELEBRATE”
View post →“this could look like hilarious bottoming PA in hindsight”
View post →“will delete below 60k”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.