BTC is now trading at 65k. Is it gonna drop some more?

The only way that we could answer this important question is to check on the chart.

The BTC 1D chart is still bullish, a huge bullish pennant has formed. It may also be a Symmetrical triangle which is a neutral pattern, but since the triangle is forming on top of huge green candle, I'm seeing it as more of a bullish pennant.

A BULLISH pennant signifies a possible uptrend continuation. Why? Candles here are literally forming a necessary support along the 73k resistance zone.

I'm still positive that BTC is going up and each dip is an opportunity to add. As I've said yesterday, the best strategy this time is to hodl and buy more.

DYOR. NFA.

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Chart below 👇