Bitcoin Slips Below $65K as Stronger Dollar Weighs; Analysts Expect Rebound

• Bitcoin slipped 5% below $65,000 on Thursday amid a stronger US dollar following the Swiss central bank's surprise interest rate cut.

• XRP, FIL, and ICP defied the broader market slump, while layer 1 tokens like SOL and AVAX declined 2-3%.

• Bitcoin completed its recent pullback and correction after rebounding from $60,000 on Wednesday, according to Swissblock analysts who expect "much higher levels" next.

• The US dollar index resurged after the Swiss rate cut, weighing on bitcoin and other asset prices.

• Bitcoin needs to break above $69,000 to reignite its rally to new highs based on analysis from crypto trader Jelle.