– What are experts predicting for Bitcoin’s price in the coming weeks?

Bitcoin Price Alert: Veteran Warns of Potential Drop Below $64K Amid “Campaign Selling” Concerns

Bitcoin’s latest consolidation phase has traders on edge, with one recurring warning standing out: a potential drop below $64,000 driven by what some market veterans are calling “campaign selling.” As BTC struggles to reclaim all-time highs with conviction, on-chain data, macro pressure, and shifting liquidity in the broader crypto ecosystem are combining into a complex risk backdrop.

This article breaks down what “campaign selling” means, why a sub‑$64K move is on the table, and how crypto‑native traders, DeFi users, and web3 builders can position themselves.

Understanding “Campaign Selling” in the Bitcoin Market

What is Campaign Selling?

“Campaign selling” refers to a structured, sustained sequence of sell orders rather than a single panic event. Instead of one big dump, large players:

• Sell in controlled tranches over days or weeks
• Use derivatives (perps, options) to hedge or amplify downside
• Attempt to keep price within a “distribution range” while they exit
• Rely on retail and late bullish inflows to absorb supply

In Bitcoin, this often appears as:

• Repeated rejections at a key resistance band (e.g., $70K-$73K)
• High futures open interest but thinning spot bid depth
• Gradual increase in realized profits by long‑term holders

Why Now? Context Heading Into 2025

As of early 2025, several structural factors influence this campaign‑like behavior:

• Post‑halving environment: Miners face reduced block rewards, creating pressure to sell efficiently.
• ETF flows: U.S. spot Bitcoin ETFs-launched in 2024-have turned BTC into a macro asset, attracting systematic capital but also programmatic profit‑taking.
• Regulatory overhang: Ongoing policy debates in the U.S., EU, and Asia keep volatility risk elevated.

These conditions create fertile ground for sophisticated sellers to offload inventory without triggering obvious “capitulation” candles-yet still threaten key support levels like $64K.

Technical Landscape: Why Bitcoin Could Drop Below $64K

Key Price Levels and Market Structure

Bitcoin’s price structure currently shows a classic range‑bound distribution pattern around prior all‑time highs.

Important zones many traders are watching:

• $70K-$73K: Major resistance / supply zone
• $64K-$66K: Critical support band, prior breakout area
• $58K-$60K: Next high‑volume node if $64K breaks
• $52K-$54K: Deeper retracement and strong HTF demand zone

Example Support/Resistance Snapshot

On-Chain and Derivatives Signals

Analysts warning of a break below $64K often cite:

1. Long-Term Holder (LTH) Distribution
• LTH‑spent output data showing increased profit‑taking near the range highs
• Coin days destroyed (CDD) rising, signaling old coins moving on‑chain

2. Funding and Open Interest
• Elevated perpetual funding rates when price nears $70K
• High open interest without proportional spot inflows = fragile leverage stack

3. ETF and Exchange Flows
• Some days show net outflows from spot ETFs or large centralized exchanges
• When ETF inflows slow while miners and whales sell, support weakens

Collectively, these factors imply that if campaign selling continues and spot demand briefly thins, liquidity gaps below $64K could be exposed.

Macro and Regulatory Pressures on Bitcoin’s Price

Macro Headwinds: Rates, Risk, and the Dollar

Bitcoin now trades as part of the global macro complex. Key macro narratives into 2025:

• Interest rate path: Slower‑than‑expected rate cuts or renewed inflation fears can hurt risk assets.
• Dollar strength (DXY): A stronger USD often pressures BTC and other “store‑of‑value” narratives.
• Equity correlation: Bitcoin remains positively correlated with major stock indices in risk‑on phases; sharp equity drawdowns can trigger BTC deleveraging.

In a macro shock scenario, structured selling becomes more aggressive, and downside levels like $64K become less defensible.

Regulatory Overhang and “Campaign Risk”

Regulatory events don’t always crash markets directly; instead, they often:

• Change risk models for institutional allocators
• Trigger position reductions over weeks, not hours
• Increase the cost of capital and compliance for exchanges and custodians

This slow repositioning fits the logic of “campaign selling”-large, regulatory‑sensitive participants gradually trimming exposure as clarity evolves.

Impact on Altcoins, DeFi, and Web3 Ecosystems

How a Sub-$64K Move Could Hit Altcoins

Altcoins typically overreact to Bitcoin downside. If BTC breaks below $64K with momentum:

• High‑beta L1s and L2s can see 2-3x the drawdown of BTC
• Illiquid mid‑caps face slippage and cascading liquidations
• Narrative‑driven tokens (AI, RWA, meme coins) often retrace deeply after parabolic runs

Short-term, this can look brutal. Longer-term, it often sets the stage for cycle‑defining entry points.

DeFi: Liquidity, Yields, and Liquidations

A BTC drawdown driven by campaign selling affects DeFi in several ways:

• Collateral stress:
• WBTC / BTC‑backed positions on lending markets (Aave, Compound, Morpho, etc.) risk liquidation.
• DEX and AMM dynamics:
• LPs in BTC pairs might suffer impermanent loss as price trends lower.
• Yield compression:
• Risk‑off behavior can reduce leverage farming and shrink yields in the short term.

DeFi users should closely monitor:

• Health factors on leveraged positions
• Oracle behavior and latency during volatile candles
• On‑chain liquidation bots spiking gas fees on L1s and rollups

Risk Management Playbook for Crypto-Native Participants

For Traders and Investors

1. Define Key Invalidations
• Set clear levels where your thesis is wrong (e.g., weekly close below $64K or $60K).

2. Use Staggered Orders
• Ladder buys below current price instead of guessing the exact bottom.
• Consider partial profit‑taking into strength if you’re overexposed.

3. Hedge with Derivatives (If Experienced)
• Short perps or buy protective puts to hedge large spot holdings.
• Avoid over‑leveraging; remember that volatility can spike both ways.

4. Manage Stablecoin Exposure
• Hold a portion of the portfolio in reputable stablecoins (USDC, regulated alternatives).
• Position dry powder to deploy if forced selling creates mispricing.

For Builders and Protocol Teams

• Stress-Test Treasury and Runway
• Model scenarios at $60K, $55K, and $50K BTC.
• Diversify treasuries (BTC, ETH, stablecoins) instead of a single‑asset bet.

• Communicate Clearly with Communities
• Share transparency reports on runway, exposure, and hedging.
• Reduce uncertainty-markets punish silence during volatility.

Conclusion: Volatility Risk vs. Long-Term Conviction

Warnings of a Bitcoin drop below $64K amid “campaign selling” are less about doom and more about structure: large players are likely unwinding in a controlled fashion while liquidity is still strong near the highs.

For crypto and web3 participants:

• Expect elevated volatility and respect the $64K region as a crucial pivot.
• Recognize that campaign selling, if confirmed, can create both downside risk and exceptional accumulation opportunities for the next cycle.
• Focus on disciplined risk management, diversified exposure, and robust protocols rather than short‑term price noise.

In a market where Bitcoin is now intertwined with macro flows, ETFs, and institutional risk models, understanding how selling happens can be as important as why-and it may be the difference between forced capitulation and strategic positioning for the next leg of crypto adoption.