• Bitcoin clung to the $65K support as miners and short-term holders showed signs of distribution.
• Falling BTC dominance hinted at a potential capital shift toward altcoins in the coming weeks.

Bitcoin [BTC] is showing signs of strain as it clings to the $65K support level, raising concerns across the market.

As volatility resurfaces and momentum indicators signal caution, traders are questioning the nature of the current trend. Is it simply a healthy pullback, or could it mark the beginning of a broader capital shift?

As BTC consolidates, the possibility for a late-year altcoin season is starting to get a lot more real.

Bitcoin: Why $65K matters

Samyukhtha L KM is a journalist with a keen eye on the ever-changing digital asset landscape - and a soft spot for memecoins. With a Bachelors in Commerce and a Masters in Journalism and Mass Communication, she’s always curious about whether the next big thing in blockchain is hype or history in the making. When she’s not tracking the latest market moves, she’s reflecting on what blockchain adoption really means in a world still largely rooted in traditional finance.