🚀 Bitcoin's on the Move! 🚀

Bitcoin (BTC) has surged 16% this month, but analysts at Bitfinex say the bulls need to break the August high of $65,200 to confirm the end of the downtrend. 📈

Despite the rally, spot market buying pressure is weakening, hinting at possible short-term consolidation. The August high is crucial because BTC hasn't surpassed any previous highs since March's peak of $73,666.

Will BTC smash through $65,200 and resume its uptrend? Share your thoughts below! 💬

#Bitcoin #Crypto #BTC #MarketAnalysis