Bitcoin Price Weekly Outlook

Bitcoin closed the week out at $67,638, not an awe-inspiring close by any means. The support level at $65,650 has held for a couple of weeks now, but the relentless selling pressure will likely take it out this week. As of the time of this writing on Sunday night, the bitcoin price is currently trading below this support level at $64,600. We should expect the price action to remain bearish this week and likely threaten to take out the $60,000 low.

Key Support and Resistance Levels Now

There is still a chance the $65,600 support level could hold if the price manages to close back above it, but it would be highly unlikely at this point. $63,000…

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