🔥Despite the false breakout on the hourly chart, the rate of BTC keeps trading near the support of $66,160. If buyers cannot seize the initiative and the daily bar closes around the mentioned mark, one can expect a drop to the $65,000 range soon.
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From the midterm point of view, bulls have failed to keep growing after the previous bullish bar closure. If the situation does not change, there is a possibility to see a test of the $65,000 zone soon.
Bitcoin is trading at $66,663 at press time.
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