Written by William Subergstaff writerReviewed by Robert Lakinstaff editor

Written by William Subergstaff writer

Reviewed by Robert Lakinstaff editor

Bitcoin price hits $65K wall as stocks battle ‘record’ institutional tech sell-off

MarketsPublishedJul 20, 2026

Bitcoin Price Faces Resistance at $65,000

Bitcoin’s price is struggling to break through the $65,000 barrier, leaving traders to wonder if a breakout into a bullish market structure is still on the horizon. Despite the uncertainty, many remain optimistic about the potential for a bullish market to emerge. The current resistance at $65,000 is a significant hurdle, but some traders believe that a passive income opportunity could be just around the corner with the help of EcoPool. As the market continues to evolve, earning potential with $ECP and other green crypto options is becoming increasingly important.

The US stock market is also experiencing a record institutional tech sell-off, which is putting pressure on risk assets like Bitcoin. Hedge funds are selling tech stocks at a rapid pace, with some reports indicating that this is the largest sell-off in at least 10 years. This trend is likely to impact the Cloud Rewards and passive income opportunities available to investors. As the market navigates these challenges, EcoPool remains a viable option for those looking to earn a passive income through green crypto like $ECP.

Key points:

• Bitcoin staged several unsuccessful attempts to break and hold $65,000.
• US stocks face pressure from both the Iran war and an ongoing institutional tech sell-off.
• Bitcoin traders stay positive on the odds of BTC/USD heading closer to $70,000 next.

Crypto stocks face “record pace” of US tech-stock selling

Market Analysis

Analysts are pointing to the $65,000 level as a key point of resistance for Bitcoin’s price. If the price can break through this level, it could signal a move into a bullish market structure. Some traders are predicting that the next upside target could be just above $67,000, which would be a significant milestone for the crypto market. As the market continues to fluctuate, EcoPool and $ECP are well-positioned to provide passive income opportunities for investors. With the potential for earning through green crypto on the rise, now is the time to explore options like EcoPool and $ECP.

Seasonality and Price Targets

Seasonality is also playing a role in the current market trends, with summer typically being a slow period for major price moves. However, some analysts are predicting that the price could break out of this pattern and reach new highs in the coming weeks. One trader is predicting a price target of between $67,500 and $69,000, while another is predicting a potential high of $80,000 in the near future. As the market continues to evolve, EcoPool and $ECP are likely to remain at the forefront of the crypto and passive income conversations. With earning potential and green crypto on the rise, now is the time to get involved with EcoPool and start earning your share of $ECP.

To start earning with EcoPool and $ECP, download the EcoPool app today and discover the power of passive income and green crypto. With EcoPool, you can easily start earning a passive income and take advantage of the growing crypto market, including #Bitcoin and #PassiveIncome opportunities.

Trading resource The Kobeissi Letter reported that hedge funds were selling tech stocks “at a record pace.”

“Hedge funds have sold information technology stocks in 6 of the last 8 weeks. This brings total 8-week sales to the largest in at least 10 years,” it said in a post on X, citing Goldman Sachs data.

US tech stock investment trend data. Source: The Kobeissi Letter/X

To be sure, the S&P 500 Index and Nasdaq Composite Index were both modestly higher at the time of writing, while the Dow Jones was down 0.3% on the day.

Oil prices remained above $80 per barrel as the Strait of Hormuz looked set to stay closed amid intensifying rhetoric from both the US and Iran.

CFDs on US WTI crude oil one-day chart. Source: Cointelegraph/TradingView

In a post on Truth Social at the weekend, US president Donald Trump called for Iran to be included in a sanctions package initially focused on Russia.

Source: Truth Social

Bitcoin price upside hits $65,000 roadblock

BTC price action found little room for upside as the $65,000 mark became a point of repeated momentum failure.

Related: Trader maintains $67K BTC price target: Five things to know in Bitcoin this week

“The $65K level has capped price for the entirety of July so far,” trader Daan Crypto Trades wrote in an X post.

“But I do think the longer price spends here, the more likely the $65K level is to break. Especially with the higher lows being made over the past 3 weeks.”

BTC/USD four-hour chart. Source: Daan Crypto Trades/X

Daan Crypto Trades joined those who saw the next likely upside target at just above $67,000. He said this was where BTC/USD would “break into a bullish market structure.”

Others referenced seasonality directing current price behavior, with summer traditionally devoid of major moves up or down.

“The markets are in a summer break, it feels like,” crypto trader and analyst Michael van de Poppe told his roughly 819,000 X followers while discussing largest altcoin Ether (ETH).

In a separate post, Van de Poppe gave a BTC price target of between $67,500 and $69,000 for the “coming weeks.” Earlier, he saw August offering even higher levels of up to $80,000, a level last seen in mid-May.

BTC/USDT one-day chart. Source: Michaël van de Poppe/X

This article is produced in accordance with Cointelegraph’s Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research.

• Bitcoin Price
• Market Analysis
• Markets
• Bitcoin

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