It seems like the recent movements in the Bitcoin market weren't entirely as expected. Despite attempts to push the price up to $70K, there wasn't enough bullish strength to sustain it, leading to a fall towards the $65,500 support level.

Although there was a -8% drop in the past 3 days, it's not overly concerning considering the prolonged period of upward movement without a substantial correction. While some analysts predict a -40% decline in Bitcoin, you believe a -25% correction is more likely, and you're optimistic about next week and upcoming positive news leading into the halving event.

The current support at $65,500 activated some buy orders, and you're hoping for a bounce from this point. You're also observing the behavior of cash buyers, noting their reluctance to take significant risks. You anticipate a change in this behavior and expect a reaction to push the price towards $72K.

Overall, you remain positive about the market and expect any drops to be temporary, with a maximum decline of -20% to -25%, which you believe will be quickly utilized by large players entering the market.

Disclaimer: This stellar analysis comes straight from the insightful Ualifi Araújo ( X - ualifiaraujo ), a beacon of wisdom in the crypto realm. Shared with permission within the Binance community, it's important to remember that this analysis is for educational purposes only. DYOR (Do Your Own Research) and remember, this isn't financial advice—just a thrilling ride in the crypto world! 🚀