Bitcoin price falls to $64,300 after $65K rejection, will support hold?

Bitcoin price pulled back to about $64,300 on Aug. 19 after failing to hold above $65,000, as weak spot demand, rising bond yields, and resistance near $65,400 limited the rebound. Summary Bitcoin price retreated to $64,300 after briefly approaching $65,000 during the latest recovery. Bollinger Bands place resistance at $65,350 and near-term support around $63,900. CoinGlass data shows liquidation clusters near $65,400, $66,000, and $62,200. Traders are awaiting the Federal Reserve’s July meeting minutes for interest-rate signals. Bitcoin price stalls below $65,000 According to data from crypto.news, Bitcoin (BTC) price was trading at about $64,390 on Binance on Wednesday afternoon in Asia, down roughly 0.5% on the daily candle. The price had reached an intraday high of $64,736 before sellers pushed it lower. The retreat followed a rebound from the $62,700 area earlier in the week. Bitcoin moved through $64,000 and approached $65,000 on Aug. 18, but the rally did not attract enough buying pressure to clear the upper end of its recent range. Trader Lennaert Snyder said Bitcoin had again been rejected from the high of its compression range. He identified $65,400 as the level keeping ...