Bitcoin's price has fallen below the $64,000 support level, increasing the risk of further declines. Analysts highlight that Bitcoin is nearing a critical historical level: the previous cycle’s monthly close high of $61,359. Historically, Bitcoin has never closed a monthly candle below the prior cycle’s peak, making this level a significant support. If it breaks, it would mark the first such breakdown in Bitcoin’s history, potentially signaling a shift in market behavior. While some compare this to the unprecedented break of the Weekly MA200 in a prior cycle, a monthly breakdown would be an even more significant event. The outcome depends on whether Bitcoin can hold above $61,359 by the end of February.

# Пов'язані статті щодо Historical

Why $61,359 Just Became The Most Important Bitcoin Price Point

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