Bitcoin was organized in the vicinity of $64,000, and the short line was again approaching $65,000. According to external sources, Peter Shiff, a long-time critic of Bitcoin, argued that this round of rebound was more like a holder's silo window than a starting point for a new one.
Market attention line $65,000.
According to Shiv, it is not easy for Bitcoin to continue to stand on $65,000, a zone that remains the focus of current market observations. In his judgement, the downside risk at this stage remains higher than further up.
If bitcoin can effectively break the price, short-line eccentricity will be weakened; if it is blocked again, the BTC may continue to remain within the immediate shock zone.
The increase is expected to bring back support.
It was noted that the recent recovery in bitcoin was also related to the anticipated changes in United States monetary policy. According to the Chief Economist of Goldman Sachs, Jan Hatzius, the possibility of a new interest rate hike in September is declining, owing to slower employment growth, weaker consumer spending and continued cooling inflation.
The same changes occurred in the pricing of interest rate markets. Compared to a week ago, there was a marked drop in the deposit by traders on the Fed's interest rate increase again. In the case of risk assets, this usually means a reduction in the pressure on the financing environment and a reduction in the upward constraints on interest rates.
Shiv's long-sighted bitcoin.
The Shiv has continuously criticized Bitcoin for more than a decade and has repeatedly advocated gold as a more robust alternative. Earlier in 2026, he had indicated that if Bitcoin fell by $50,000, prices could go further down to the vicinity of $20,000 or even lower.
However, this judgement has not materialized. Bitcoin has been running for $60,000 ever since. The more immediate focus of the market remains whether $65,000 can be effectively broken. If the breakthrough is established, the rebound is expected to continue further; if it returns again, it is possible to regain short-line initiatives.