📈 Bitcoin Update:

Over the past 4 hours, Bitcoin tested the $64.5K mark and experienced a notable bounce upwards. However, it faced resistance when reaching the 50SMMA level at around $66K. At present, Bitcoin is holding firm near the retest of the 200EMA, approximately at $62.5K.

There's still a risk of a sudden downward movement, possibly towards the $54K to $51K range. However, it's worth noting that the StochRSI indicator suggests that the market might be oversold.

If the support at the 200EMA holds strong, there's a potential for Bitcoin to push upwards towards the $65.7K to $66K range. It's crucial for traders to exercise caution and stay vigilant in this dynamic market environment. Stay tuned for further updates! ✍️ #BTC🔥🔥🔥🔥 #Bitcoin(BTC) #HotTrends #BTC $BTC #MarkBTC