Bitcoin has experienced a significant downturn today, falling below the crucial $63,000 support level. As of June 23, 2026, the price is trading around $62,500–$62,700, down more than 2% in the past 24 hours. This breach triggered heavy selling pressure, with over $150 million in long positions liquidated within just 15 minutes.
Bullish Scenarios
For the upcoming days, several reputable traders from X are leaning bullish on Bitcoin that BTC will trade between $61,000 and $67,000 over the next 4 days. Bullish scenarios point to a potential rebound toward $65,000–$67,000 if key resistance around $64,800–$65,800 is reclaimed. @Alek_Carter sees a move toward $65,000 first, with a break above the $65.4K–$65.8K zone opening the door to a $67,000 target and @SuperBitcoinBro remains bullish at the 200-week moving average, arguing that another leg lower to the 50Ks is unlikely if the current structure holds.
Bearish Scenarios
Bearish voices like @CryptoTony__, expect further downside with possible tests of $60,000–$61,000 support if the $63,300 level breaks in the coming sessions.The market stays highly leveraged and sensitive to macroeconomic news. Direction in the next few days will likely hinge on whether Bitcoin can quickly reclaim $64,000 or faces another leg lower.
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