LIVE#Bitcoin❗️ #bitcoinhakving #BTC_CRASH_UPDATE
$BTC recently experienced a surge from 59.6K to 65K, showing a bullish wick initially but with relatively low volume. It then broke a significant resistance at 64.5K with considerable volume and consolidated around 64-65K for two days with minimal volume. Currently, on the 1-hour timeframe chart, BTC has breached a short-term support line around 65K. The next likely scenario is a retest of the previous major resistance now turned support at 64.5K. If this level holds, BTC may bounce back upwards; otherwise, it could break down to 63K-61.7K unless faced with substantial selling pressure. Despite an initial appearance of strength, the pullback suggests waning bullish momentum, potentially leading to further downside. For those holding long positions, it's advisable to maintain tight stop-loss orders and consider buying at lower levels to optimize profits.
