Bitcoin Drops to $63K, Analyst Flags $59K as Next Key Target

Bitcoin has moved below the $64,000 mark, slipping to around $63,278 after recording a 1% decline over the past 24 hours.

Looking ahead, crypto analyst Ted Pillows points to the next major support zone between $61,000 and $61,500, where price stability may emerge.

If that level does not hold, further downside could open the way toward the $59,000 region.