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Bitcoin is currently being traded around US$64,100. After facing pressure over the past few weeks, BTC has started showing signs of stabilization and managed to hold above the US$64,000 area despite ETF fund flows still not being consistent.
Technical analysis:
Major support: US$63,500–64,000
Strong support: US$62,000
First resistance: US$65,000
Strong resistance: US$66,500–67,000
As long as the price holds above US$64,000, the chances of further upside remain open. However, if BTC fails to maintain that level, a correction toward US$62,000 is still possible.
24-Hour Prediction:
Bullish (55%): Breaks through US$65,000 and tests the US$66,500–67,000 area.
Sideways (30%): Moves within the US$63,800–65,000 range.
Bearish (15%): Falls below US$63,500 and may test US$62,000.
Conclusion
Short-term momentum is starting to improve, but it cannot yet be said to be the start of a strong bullish trend. Buying volume needs to increase for BTC to break through key resistance around US$65,000–66,500. If it succeeds, the next target is in the US$68,000–70,000 area. Conversely, if selling pressure returns, the US$62,000 area becomes a level that needs to be watched. $BTC $ETH