$65k mark is a key resistance before a possible trend line breakout. The recent rise from $49k forms an ABC pattern, and prices are now near a critical level. There's a risk of dropping to $55k, with a worst-case scenario down to $48k and even $44k.
Advice: It’s wise to be cautious. A rejection here could trigger a significant drop, so securing profits might be smart.
If the market breaks above $66k, this scenario is invalid.
Based on data, ecnomics, charts and fundamental it's clear that 23 September will be a trend reversal day and after 23 sep market will see a huge pumping, Q4 of 2k24 is giga bulish but from 23 sep to 10 October these days will be the golden days of this bull run.
On 18 September if rate cutts then 18 to 23 you can see a nice dump which will give you a buying opurtunites don't miss that go all in managing your risk.
Before 23 sep you can easily see 48k even wicks to 47,46,45 and 43k.
For reference you can take screenshots of it and don't forget to follow!
$65k mark is a key resistance before a possible trend line breakout. The recent rise from $49k forms an ABC pattern, and prices are now near a critical level. There's a risk of dropping to $55k, with a worst-case scenario down to $48k and even $44k.
Advice: It’s wise to be cautious. A rejection here could trigger a significant drop, so securing profits might be smart.
If the market breaks above $66k, this scenario is invalid.