Crypto Analyst: BTC Falling Below $65,000 Could Trigger a Deep Bear Market Path

SmartContractAuditor · 2026-02-23T10:31:21+00:00

Odaily Planet Daily reports that crypto analyst Murphy posted on the X platform stating that BTC is currently around $65,000. This price level represents the historical average turnover cost after excluding lost tokens. This position is an important defense line for the bulls. If it is breached, the current downtrend is likely to continue deep into a bear market. During market downturns, investors should maintain their mindset, not be influenced by negative voices, and validate their views through position sizing.

SmartContractAuditor

2026-02-23 10:31:21

Odaily Planet Daily News: Crypto analyst Murphy posted on X platform that BTC is currently around $65,000. This price level represents the historical average turnover cost after excluding lost tokens. This position is an important support for the bulls; once it is broken, the current downtrend is likely to continue deep into a bear market. During market declines, investors should maintain their mindset, not be influenced by negative voices, and validate their views through position adjustments.

BTC-5,05%

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