Bitcoin slipped below $65,000 on Monday as traders positioned ahead of Federal Reserve policy decision Wednesday.

Cryptocurrency	Ticker	Price
Bitcoin	(CRYPTO: BTC)	$64,729.37
Ethereum	(CRYPTO: ETH)	$1,930.74
Solana	(CRYPTO: SOL)	$75.33
XRP	(CRYPTO: XRP)	$1.08
Dogecoin	(CRYPTO: DOGE)	$0.07159
Shiba Inu	(CRYPTO: SHIB)	$0.055033

Notable Statistics:

• Coinglass data shows 118,449 traders were liquidated in the past 24 hours for $437.94 million.      
• SoSoValue data shows net outflows of $240.08 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net outflows of $70.6 million.
• In the past 24 hours, top gainers include Pump.fun, LayerZero and Aerodrome Finance.

Notable Developments:

• Bitcoin, Ethereum’s Turn? ‘The AI Trade’s Over,’ Prominent Macro Expert Says
• MSTR Target Price Remains $570, Benchmark Equity Research Writes: Why So Bullish?
• Tom Lee’s Bitmine Buys 9,946 ETH as ETH/BTC Ratio Hits 3-Month High
• ‘I Am Ready for $4,000’: Analyst Bets Big on Ethereum Over Bitcoin for the First Time
• Strategy Raises $544M, Skips Bitcoin Buys for Fifth Straight Week: What’s Happening?

Trader Notes:

Technical analyst Lennaert Snyder says Bitcoin’s weekend rally is retracing as expected after rejecting the $65,800 level, leaving liquidity above those highs as a likely future upside target.

He is watching three potential long-entry zones, with the first around $63,500.

The preferred accumulation area remains around $60,000, while $59,000 is viewed as the extreme range low potentially offering the best risk-reward if buyers step in.

Snyder also cautioned traders to account for potential volatility ahead of this week’s FOMC meeting.

Trader KillaXBT argues that today’s calls for $50,000–$40,000 Bitcoin mirror the 2022 market, when many investors waited for $10,000–$12,000 after Bitcoin had already bottomed near $16,000.

He contends that buying at $16,000, $20,000, or even $25,000 all proved profitable, with those willing to enter early ultimately rewarded.

Applying the same logic now, being early may look wrong for a few months. However, he remains confident Bitcoin will exceed $160,000 this cycle and long-term gains will outweigh the timing of the entry.

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