Crypto Potato Aug 6, 2026

Bitcoin Price Analysis: BTC Battles Key $65K Barrier as Short Liquidation Cluster Builds

Bitcoin Price Analysis: BTC Battles Key $65K Barrier as Short Liquidation Cluster Builds

Bitcoin has extended its recovery from recent lows and is now testing an important resistance region.

While short-term momentum has improved, the asset is approaching an area that could determine whether the current rebound evolves into a larger breakout or another rejection within the broader consolidation.

Bitcoin Price Analysis: The Daily Chart On the daily timeframe, Bitcoin continues to trade within its well-defined consolidation range.

The recent rebound has carried the price back toward the major resistance zone at $66.2K to $66.8K, while the broader support remains at $57.8K to $60.2K.

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