"Bitcoin Market Update

Yesterday, Bitcoin encountered resistance at the daily level of $66,800, as anticipated, and subsequently retested the $65,000 area. The Daily Moving Value Area (DM VAL) at $65,171 has been acting as support, with each 4-hour candle close respecting this level. Unless a breakout above $66,800 occurs, there is a possibility that Bitcoin is forming a lower high. If the current support level is lost, a rapid decline towards the $63,000 area (Monday's high) could ensue."

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