Bitcoin taps 63,900 dollars before early week retreat

Bitcoin teased a breakout Sunday night, but the momentum didn't stick. The top cryptocurrency brushed against $63,882 according to CoinDesk data, only to face a swift rejection as the new week kicked off. Sellers stepped in almost immediately to push the price back down to the $62,900 level, erasing the overnight gains in a matter of hours. It's a classic case of weekend volatility meeting Monday morning reality. While bulls tried to turn Sunday's high into a new floor, the resistance proved too stiff for a sustained run. Traders are now watching to see if this retreat is a brief breather or the start of a deeper slide toward $60,000. Will the buyers find their footing before the New York open, or is the $63,000 mark becoming a temporary ceiling?