According to CoinMeta, the price of Bitcoin approached $62,831 on August 14, hitting a intraday low of around $62,648. Market data shows that the current Bitcoin price in the $62,000 range is being closely watched, and if it falls below this support level, it could drop to $57,000. Traders are focusing on the support range of $62,000 to $62,500, and if this area is lost, it may lead to further price declines. At the same time, an increase in market inflows indicates a contradiction between exchange activity and the accumulation of large wallets. Analyst Kaz pointed out that if Bitcoin prices can continue to rebound above $65,400, it could open up more room for upward movement.