On Sunday, March 3, the world’s cryptocurrency Bitcoin (BTC) surged past $64,000 once again, however, faced rejection again above those levels. At press time, the Bitcoin price is up 2.80% trading at $63.790 with a market cap of $1.253 billion. As per the CoinGlass data, the total Bitcoin liquidation data has surged to $440,000 in the last 24 hours.
Key Bitcoin (BTC) Price Levels to Watch
According to insights shared by renowned crypto analyst Ali Martinez, the Bitcoin (BTC) market has witnessed significant activity in a specific price range. Martinez notes that over 500,000 BTC have been transacted within the range of $61,100 to $61,800, establishing a substantial support area for the cryptocurrency.
He further suggests that if Bitcoin manages to sustain its position above this support threshold, it is likely to continue its upward trajectory towards $65,900, with minimal resistance anticipated ahead.
However, Martinez also highlights the potential downside risks for BTC. Should Bit
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