Update on BTC Market:

In the last two days, BTC has faced a few percentage drops, but this dip is necessary to reverse the market and push BTC above the 65,000 level. If you're holding BTC, it's advisable to continue holding.

According to the 1-day chart, BTC is currently in a retest phase, which is essential for reversing the market and aiming for levels above 65,000. However, if BTC drops below the 56,000 level, there is a possibility that it could decline further below 50,000. So BTC can't reverse 65k level after that declined retest.

This dip presents a potential buying opportunity for those looking to enter or increase their BTC holdings. Keep in mind that this analysis is based on the 1-day chart, so it reflects a longer-term view.

Do not confuse this 1-day chart update with the 15-minute chart analysis shared earlier. The 1-day chart offers a broader perspective, while the 15-minute chart is more suited for short-term trading decisions.

Stay cautious, manage your risk, and consider the potential for both upward and downward movements.