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Is Bitcoin Currently Trading Within a Key No-Trade Zone Phase?

Lokesh Gupta Lokesh Gupta
23-03-2026
Last Updated: 23-03-2026
Bitcoin Price Prediction

BTC Price Prediction: Why $65,000 is an Important Range for Bitcoin?

Is Bitcoin about to crash below $65K, or is this just another consolidation phase before a big breakout? The latest price action of Bitcoin suggests that the market is at a crucial turning point, with both bulls and bears fighting for control.

After facing rejection near $76,000, the digital asset has slipped back below $68,000, increasing uncertainty among traders. The recent geopolitical tension triggered by Donald Trump has added further pressure, causing a risk-off sentiment across global markets.

BTC Enters High-Pressure Zone as Market Awaits Breakout

Right now, Bitcoin is trading within a critical “no-trade zone” between $65,636 and $70,685. This range has seen heavy activity, with over 1.7 million BTC exchanged here, making it a strong support and resistance area.Ali Charts


This means one thing: the market is waiting. Buyers are stepping in near support, while sellers are active near resistance. Until a clear breakout happens, $BTC may continue moving sideways, testing traders’ patience.

However, this calm phase may not last long.

Institutional Buying Signals Hidden Strength in BTC

Despite the consolidation, institutional interest remains strong. Notably, Michael Saylor continues accumulating Bitcoin, showing long-term confidence.Michael Saylor


This behavior often signals a quiet accumulation phase. While retail traders may see stagnation, large players could be preparing for the next major move. Historically, such phases have preceded strong rallies.

Bearish Structure Dominates as Resistance Holds Strong

From a technical perspective, the world's largest cryptocurrency is currently moving inside a bearish flag but within a broader downtrend. This structure typically signals bearish continuation.

The price continues to form lower highs, indicating weak buying momentum. At the same time, the RSI remains neutral, reflecting indecision in the market.

The recent rejection near the upper trendline confirms that sellers still dominate. Unless the coin breaks above key resistance, downside risks remain high.Bearish Structure Dominates as Resistance Holds Strong


Key BTC Price Levels to Watch This Week

Bearish Scenario (Breakdown Below $65K)

If the asset falls below $65,600, it could trigger strong selling pressure. In this case:

  • First target: $63,000

  • Next support: $60,000

  • Extreme downside: $58,000–$50,000

A breakdown could also liquidate billions in long positions, accelerating the fall.

Bullish Scenario (Break Above $72K–$75K)

If the coin reclaims $71,000 and breaks above $75,000:

  • Short-term target: $80,000+

  • Market structure turns bullish again

However, this scenario currently looks less likely unless strong buying volume returns.

Why the $65K Level Is Critical for Bitcoin Price Trend

The $65,000 level is not just technical support—it is a key liquidity zone. Over $3 billion in leveraged positions depend on this level.

As long as the coin holds above $65K, the market can stabilize and attempt recovery. But if it breaks below, it could trigger a cascade of liquidations and panic selling.Ted Tweet


In simple terms, this level decides whether BTC consolidates—or crashes deeper.

Disclaimer:

This content is for informational purposes only and does not constitute financial advice. Cryptocurrency markets are highly volatile, and investors should conduct their own research before making decisions.

Lokesh Gupta

About the Author Lokesh Gupta

Expertise coingabbar.com

Lokesh Gupta started his journey in financial markets 23 years ago and never looked back. From Forex to Comex, NSE, MCX, NCDEX, and now Crypto — he has seen it all. He holds an MBA in Finance and over the last 4 years, Bitcoin, Ethereum, Solana, XRP, and trending coins have become his main focus. People who follow his work say one thing — he keeps it real. No fancy language, no unnecessary complexity. Just honest market research that helps you understand what is happening and why it matters to your money.

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