Lately, looking at Bitcoin charts, I've been thinking that bearish investors are closing their positions, which could lead to further declines. Do you remember the resistance around $65,000 last time? There are analyses suggesting that the price might drop back to that level to confirm a bottom.



Currently, the spot price is around $81,000, and how it moves from here seems crucial. Weak hands might trigger stop-losses, leading to additional drops. Of course, this is a short-term perspective, and in the long term, a bullish scenario still exists.

If you're watching the Bitcoin market, this zone could be quite a critical point. Whether the $65,000 level actually acts as support or if the price drops further will likely determine the future direction. Personally, I think we need to wait and see a bit more.
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