Bitcoin experienced a noticeable dip today, falling below the $65,000 mark, encountering substantial resistance. Despite this, market sentiment remains buoyant as on-chain data highlights robust demand levels, reaching down to $61,600.

The cryptocurrency is currently stabilizing near the $64,500 level, an area backed by significant support. According to recent data, around 1.28 million addresses have acquired Bitcoin at this price point, indicating strong investor confidence and potential for a swift recovery.

Experts suggest that these adjustments are typical market behavior and reflect healthy trading dynamics. Many investors view these dips as buying opportunities, reinforcing Bitcoin’s strong standing in the market and hinting at its continued growth potential.

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