When you look at the distant projection 4-hour chart in the picture, you can see the red lines at 65165 and 63. What it means is that in order to move up, it needs to close a 4-hour candle above 65165. If it wants to fall and gain strength in order to get support, it must touch and return around 63, which is the lower trend line. The meltdown of #Bitcoin base coins shows serious money outflow from the market. In order for this money to re-enter the market, the USA, which dominates the market, must reduce interest rates. The uncertainty in the interest rate decision also creates uncertainty for #BTC . Even if a negative situation does not appear for now, it should be noted that if it falls below 63K and closes a solid big red candle, the decline will deepen. In short, Bitcoin will not be able to enter an uptrend unless it goes up from here and closes above 67200.
