Today's Analysis of Bitcoin
The lowest point for Bitcoin has also reached around 66536. Even if Bitcoin retraces a bit more, it still remains in an upward trend.
Be a bit bolder; a downturn is an opportunity to accumulate. Bitcoin has strongly broken through on the weekly level. It is logical to first dip and then take off this week. The market is currently in a surging window, and looking to buy on a pullback is still the correct decision. If the price drops below 657 and stays there, it indicates that the market could potentially turn bad. Long strategy:
First support around 65700
Extreme support around 64000, this level represents a strong support area based on four-hour and daily resonance.
Currently, focus on the first support around 65700, at this position, the price should stop falling and look for important buying opportunities.
