đŸššđŸ”„ Bitcoin Faces False Breakout at $65K – What’s Next? 🚹

đŸ’„ False Breakout Shakes Bulls!

Bitcoin surged into the strong buying zone above $65K, but the bulls couldn’t capitalize. After a brief rally, the price slipped back within the channel boundaries, invalidating bullish hopes. A false breakout around $65K is now forming!

💡 Bearish Defense Below $65K

The price is heading towards a key imbalance zone, and bears might hold the line. If Bitcoin fails to stay above $65K, it could trigger a gradual decline. A possible Head and Shoulders pattern might also form, signaling further downside risk.

🔍 Key Levels to Watch

‱ Resistance: $65K, $66K

‱ Support: $62,745, $61,320

🚀 Bulls’ Last Hope?

The bulls aren’t done yet! A successful retest could reignite momentum, pushing the price towards the $68K-$69K global resistance zone, where the next fierce battle awaits.

📉 Bearish Scenario:

If the price falls below $62,800 and consolidates there, bears could take control, pushing Bitcoin lower.

Stay tuned for more updates as the fight for $65K intensifies! đŸ’Ș

$BTC

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