Bitcoin (BTC) experienced a dip, sinking past weekly lows before the March 15 Wall Street open, with the BTC/USD 12-hour chart showing a downside reaching $65,569 on Bitstamp. Despite hitting all-time highs the day before, momentum faded and support levels faced their first major retest. Market observers remained calm, attributing the dip to normal bull market behavior. Popular trader Credible Crypto identified a block of bid liquidity around $64,000, while trader Jelle compared the current correction to historical norms, suggesting a potential pullback to $58,000.
