Bitcoin fell below $64,000 on July 24, touching $63,981 on HTX as traders pointed to layered Binance bids beneath the market and compared the setup with June 6's selloff.
Bitcoin fell below $64,000 on July 24, slipping to $63,981 and down 1.51% over 24 hours on HTX, as Trader Killa said Binance's "crash protection team" appeared to be active again. The trader pointed to large bids tracking below price from around $62,000, with the densest buy wall near $58,000. The setup resembled June 6, when traders also focused on visible Binance buy-side liquidity during a broader market selloff as a potential support zone.