Hong Kong #ETF Boost Fades: BITCOIN Stalls After Early Rally

#Bitcoin soared initially as the Hong Kong Stock Exchange launched its first #BitcoinETF. However, the price has been unable to break a key resistance level (triangle) and is currently cooling off.❄️

The big question: will Bitcoin climb towards $64k-$65k or retreat? 🤔

Support and resistance levels haven't changed, so technical analysis may offer clues.

This early ETF launch is a positive sign for institutional adoption, but short-term price movements are still in play.