🚨 $BTC Price Alert: Key Levels to Watch! 📉🔥
Bitcoin has been on a steady decline, approaching the critical $65K level. Here’s why BTC's current state might be more bullish than it appears! 👇
Why Is BTC Not Crashing Hard? 🤔
Despite a slow and steady drop toward $65K-$63K, Bitcoin is showing signs of strong buyer interest. The 24-hour volume has dropped to $27B, a 50% decrease from last week, yet BTC isn’t plummeting as expected. Many buyers are waiting for the FED's potential 5% rate cut approval, which could trigger a buying frenzy, possibly pushing BTC up by 8% or more.
The Big Picture: $65K - $63K Buying Zone 🚀
BTC remains in a healthy buying zone between $65K and $63K. Holding above these levels presents a solid opportunity for long positions, targeting the next major resistance at $73K+. Patience is key here!
Key Levels to Watch:
Major Support: $66,500, $65,500
Major Resistance: $67,100, $68,000
BTC is showing resilience, and a potential upward move is on the horizon. My chart analysis suggests an "M" pattern forming, indicating we could be set for a significant upward movement! 🚀
📈 Pro Tip:
Keep an eye on those support levels and be ready to capitalize when the upward momentum begins!
Next up: I’ll analyze Solana and BNB—Solana looks bullish, while BNB continues its downward trend. Stay tuned for more updates!
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