Bitcoin Price Struggling at $64,000: Here’s Why it Could be a ‘Do-or-Die’ Weekend for the BTC Price

📉 Bitcoin is struggling to hold the $64,000 support after losing the $65,000 level, facing intensified selling pressure and potential for further downside.

🐻 Bears' dominance has increased, suggesting a possibility of new lows as the weekend trade approaches.

📈 BTC bulls are attempting to validate a fakeout, potentially trapping bears, but buying volume remains uncertain for the weekend.

📊 Daily chart indicators show mixed bullish and bearish signals, with the price in a falling wedge and potential for more bearish action.

📉 Technical indicators such as RSI, MACD, Gaussian channel, and Ichimoku cloud suggest a bearish outlook.

⚖️ BTC is hovering between key trend reversal zones at $67,560 and $62,678.87, with potential outcomes ranging from a plunge below $60,000 to a rebound towards $70,000 depending on support or resistance breakthroughs.

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