#MyFirstFeedPost Hello, Binance Square!
Bitcoin has undergone a significant correction, which is normal in a rising market.
BTC is currently trading above the strong support zone of $64,500 to $66,300.
With the weekly closing today, Bitcoin needs to maintain its position above the mentioned support zone.
If this week's candle closes above $64,500, a bullish move toward $94,500 is anticipated in the upcoming week.
If it closes below the support, there's a possibility of dropping to $38,500 to $40,000.