CryptoHigh

Crypto sell-off pushes Bitcoin toward $64,000

Traders describe a fast crypto sell-off, with Bitcoin quoted around $63,970 and bearish calls for sub-$50k. Most of the claims are unconfirmed trader commentary.

Bitcoin (BTC/USDT)
$65,568 +1.3% · 3 mo
$62,006$74,701$87,39618 Aug2 Oct 2615 NovThis story
Daily candles (UTC). Source: Binance.

Not yet known

  • Whether Bitcoin is trading near $63,970 (-0.68%) and Ether near $1,782
  • Whether Bitcoin will fall below $50,000 this year, as a bearish view predicts
  • Whether a break below support will push Bitcoin to new lows
  • Whether it is time to buy after the sell-off, with no consensus among views

What we know

Market news accounts quote Bitcoin at about $63,970 (-0.68%) and Ether near $1,782, although altcoins such as Uniswap and Chainlink were higher. One trader says he is sitting out the crash, calling the speed of the retrace insane. Another warns that a sharp slice below support would signal new lows. A bearish trader predicts BTC below $50k this year, while another says it is not yet time to bid. All of this is unconfirmed trader sentiment.

Prediction market

Will Bitcoin dip to $50,000 by December 31, 2026?

14%chance
Related questions
Will Bitcoin dip to $45,000 by December 31, 2026?8%
Will Bitcoin dip to $55,000 by December 31, 2026?30%
Will Bitcoin reach $250,000 by December 31, 2026?<1%

Traders' bets on Polymarket, not a forecast by Global Eye 24. Polymarket · $6.1m traded · updated 09:49 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.

@FirstSquawk

“#Bitcoin 63970.00 -0.68% #Ether 1782.40 +0.52%”

View post →
@watchingmarkets

“the speed of this retrace is insane”

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@Timeless_Crypto

“the price of $BTC will be sub 50”

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By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.