From the clusters, it can be seen that no one held the price back from above to continue growing. The closest large walls for buying from the moment the price reached 66k were at 64k. Now the market has approached the first limits and is still receiving a reaction, and the formation of bid delta is also being formed in the same place.
On the other hand, the price is being squeezed from a sales position, and seller's limits have also crept in from above in the 64600-65600 area, which do not allow growth. If sellers manage to break through the current purchase area shown on the chart, the next support is at 61500-62500, the same purchase zone from the previous analysis. And if this zone is broken, then the road is open for a 60k decline.
So far I don't see a decline to such levels, because it's quite a difficult task for the offer, look at how much buyers cost, how much sellers will have to spend in order to reduce $BTC to 60k. For such a decline to happen, certain conditions against the general positive must appear, for example, the geopolitical situation in the Middle East or the next injections from Bloomberg about the risk of recession. Today, there is no flooding with negativity in crypto, but rather the opposite. Bitcoin is at its fair value, so a major decline is not expected yet.
