Bitcoin Stuck Below $65,000

Currently, Bitcoin is facing resistance around $65,000 (old high from August 24), which coincides with the 200-day moving average. If the weekly candle closes below this level, the weekly lower high pattern will continue.

If Bitcoin fails to sustain the breakout with sufficient spot volume, the price could retest support around the 20-day moving average, which ranges from $58,500 to $60,000.#Write2Win #BinanceTurns7 #MarketDownturn #TopCoinsJune2024 #IntroToCopytrading $BTC