$BTC /USDT Market Update: Short-Term Dip Presents Opportunities Amid Uptrend... A good Dump in $BTC after hitting High $66,500 now down to $65,200..
Bitcoin ($BTC ) is currently trading at $65,284, reflecting a modest 0.60% gain over the past 24 hours. After hitting a high of $66,500, the price retraced to a low of $64,660.56 before stabilizing around its current level.
The chart shows increased volatility, with sharp downward moves, suggesting potential profit-taking by short-term traders. Key support is now around $65,282, which could attract buyers seeking a bounce-back opportunity.
If the price holds at this level, traders can aim for a recovery toward $66,000 and beyond. However, further dips could test the $64,600 area. Stay alert for volume spikes and breakouts to make informed trades in this dynamic environment.
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