Bitcoin Faces Critical Support Level at $65,000
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Critical Support Level: Bitcoin is currently facing a critical support level at $65,000, and a drop below this threshold could trigger a prolonged compression phase, impacting market confidence and investor sentiment.
- Historical Low Warning: According to Jurrien Timmer's analysis, if Bitcoin falls below $65,000, it may approach the historical low of $45,000, a level associated with market cycle lows that could lead to further selling pressure.
- Market Model Shift: Bitcoin's price trajectory appears to diverge from traditional cyclical models, instead following an S-curve adoption model similar to that of the Internet, which may create a temporary gap between observed prices and projected valuations, affecting investment decisions.
- Long-Term Outlook: Despite current pressures, VanEck projects Bitcoin could reach $2.9 million by 2050, an extreme scenario that fuels bets on the coming decades, although the market remains uncertain in the short term.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






