In the realm of cryptocurrency, Bitcoin holders experienced a nerve-wracking Tuesday as the price plummeted to a significant support level at $64,000. This drop, however, was met with robust buying, pushing the price towards the $65,500 support once again. This price movement has sparked speculation among market watchers, questioning if this could be a local bottom for Bitcoin. The situation underscores the volatile nature of the crypto market and the need for investors to stay informed and vigilant.