Bitcoin traders are keeping a close eye on the $65,000 price level, which has become the critical resistance mark to beat. After hitting a new three-week high of $64,121, BTC is facing a consolidation phase before the bulls attempt to break this major barrier. Market experts agree that clearing $65K would signal a bullish market structure, as it represents a higher high after Augustâs dip.
Crypto analysts are optimistic, with traders like Roman and Daan Crypto Trades highlighting bullish signals and low volume corrections. A break above $65K could lead to significant momentum, marking the first major bullish shift in a while. Meanwhile, Binance is showing strong buyer pressure, suggesting global interest is heating up as U.S. demand cools.
As Bitcoin trades near this key resistance, all eyes are on whether the bulls can push through and shift the market into a stronger uptrend.
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