Here is an updated analysis on Bitcoin (BTC):

• Current price: $67,339

• Highest price 24h: 67,928 USD

• Lowest price 24h: 66,739 USD

• Price change in 24h: Down 299 USD (-0.44%)

• 24h trading volume: 32.26 billion USD

• Market capitalization: $1.33 trillion

• ATH (all-time high): $73,738 (down 8.7% from ATH)

1. Identify the Main Trend:

• MA200 line (long-term trend): BTC maintains a long-term uptrend, but shows signs of short-term correction.

• Trend structure: Watch for bottoms and tops to confirm possible corrective trends.

2. Price and Candlestick Pattern Analysis:

• Candlestick pattern: Predicts the possibility of a “Bearish Engulfing” pattern appearing, warning of strong selling pressure.

• Price Pattern: If BTC falls below $66,500, a negative “Double Top” pattern could form.

3. Momentum Analysis:

• RSI: RSI is in neutral zone, at risk of approaching oversold zone if price continues to fall.

• MACD: Weakening momentum may signal a sell signal.

4. Volume Analysis:

• Trading volume: High, indicating active participation, but need to watch if volume decreases.

5. Market Psychology Analysis:

• Fear & Greed Index: Greed sentiment can increase correction risk.

• Social media psychology: Monitor psychological fluctuations from the community to forecast trends.

6. Quantitative and Probability Analysis:

• Prediction: ARIMA model predicts that the price may correct before recovering to the resistance level of $70,000.

Recommended trading strategy:

• Recommendation: If BTC holds the $66,500 support, consider buying with a stop-loss below $66,000. Profit target at $70,000.

• Risk: If BTC falls below $66,000, a strong bearish trend could emerge.

Note: This is not financial advice. Please consider carefully before making investment decisions.