đšđ„ Bitcoin Faces False Breakout at $65K â Whatâs Next? đš
đ„ False Breakout Shakes Bulls!
Bitcoin surged into the strong buying zone above $65K, but the bulls couldnât capitalize. After a brief rally, the price slipped back within the channel boundaries, invalidating bullish hopes. A false breakout around $65K is now forming!
đĄ Bearish Defense Below $65K
The price is heading towards a key imbalance zone, and bears might hold the line. If Bitcoin fails to stay above $65K, it could trigger a gradual decline. A possible Head and Shoulders pattern might also form, signaling further downside risk.
đ Key Levels to Watch
âą Resistance: $65K, $66K
âą Support: $62,745, $61,320
đ Bullsâ Last Hope?
The bulls arenât done yet! A successful retest could reignite momentum, pushing the price towards the $68K-$69K global resistance zone, where the next fierce battle awaits.
đ Bearish Scenario:
If the price falls below $62,800 and consolidates there, bears could take control, pushing Bitcoin lower.
Stay tuned for more updates as the fight for $65K intensifies! đȘ
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