Bitcoin Analysis: Ready for Summer Highs or Further Decline?
The $BTC chart has been on downtrend over a 4-hour timeframe.
The current price is around $65,082.73. The price is fluctuating between approximately $67,280.81 and $62,961.40, within a downward channel.
There is a resistance between the range of $67,280.81 and $67,789.24. The $66,649 level needs to be reclaimed for bullish momentum and potential summer highs.
The entry range for potential trade entries is between $64,624.02 and $62,961.40, which could indicate further decline if not held.
