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What many traders are missing right now is that one level could decide where $BTC goes next.
BTC faced rejection twice from the $66.7k to $67.3k resistance zone. The second push higher created a lower high, which is a short term bearish signal.
Price is now trading around $65.8k, sitting just above an important support area.
Support:
$65,650 (current support)
$65,000 (major support)
$63,500 to $63,700 (strong demand zone)
Resistance:
$66,600 to $66,800
$67,300
If $65k continues to hold, BTC could bounce back toward $66.8k to $67.3k and keep consolidating.
If $65k breaks with strong selling volume, a move toward $64.3k becomes more likely, and the market could eventually revisit the $63.5k to $63.7k liquidity zone.
Right now, the chart is not showing signs of panic selling. It looks more like a normal correction and retest after the rally from $63.7k to $67.3k.
Probability from this chart:
Hold $65k and bounce: ~60%
Break $65k and revisit $63.5k: ~40%
The next few hourly candles around $65k to $65.6k will likely decide the next move. If buyers step in around that area, the bullish structure remains intact.
#PredictWorldCup🇦🇷vs🇩🇿 #GateSpotVolumeDefiesTrendRanksFirstInGrowthGlobally