Bitcoin has broken the $65,000 level and surged towards the $69,000 resistance area. However, the price faced heavy selling pressure and dropped back down to the $65,000 area. The good news is that BTC was able to hold at $65,000 and has since rebounded from that level. It is recommended to maintain a tight stop loss in all open positions. Once BTC surpasses $70,000, there will be no further resistance and the Fear Of Missing Out (FOMO) will be huge.
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