BTC hovers around $64k on August 25, warns of possible drop 📉

- BTC/USD ends the week relatively quiet after a late Wall Street rally.

- Fed signals positive interest rate cut in September.

- BTC hits two-week high near $65k before falling back.

🔍 CryptoNuevo trader warns:

- Order books show potential drop to $63.5k & $62.2k.

- "Bart Simpson" pattern could emerge, leading to liquidation of long positions.

📊 ELM and Crypto Chase traders agree:

- ELM sees a drop to $62.7k before continuing to rally.

- Crypto Chase: breakout above $65.7k will be clearer, watch out for a drop to $60k.

🔮 Trader Rekt Capital is optimistic:

- BTC may return to the re-accumulation zone after the April halving.

- This is consistent with the historical price trend after the halving.

💬 What do you think about the BTC trend next week? Comment below!