If Bitcoin bulls can hold $65,000 it could be the market bottom, yet hedgers are panic buying protection

Bitcoin spent the last two days sliding down familiar shelves, and the order book kept printing lower bids as liquidity thinned. However, by Wednesday afternoon, the price traded back toward $65,000 after sweeping the low $63,000s, with the last 24 hours spanning roughly $62,800 to $66,200. The bounce depicts a market that hit the air pocket, found the next ledge, and then checked whether the wrapper still had buyers…