$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: Itâs 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.
