BTC previously surged to the 64,680 resistance point, but after that the upward push simply disappeared. Several attempts to break upward failed to get past that resistance point, and the overhead pressure is especially heavy.


Now it’s just grinding back and forth around 64,000. The rebound strength is particularly weak, and there’s very little incoming capital willing to enter for the breakout. A lot of take-profit sell orders are stacked around the resistance level, suggesting that in the evening the market is likely to range and then drift downward for a correction.
As for BTC, watch the 64,600–65,100 zone; the target is the 63,200–62,700 area.
BTC-1.72%
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BullAndBearBattle
· 10h ago
Buy the dip and enter 😎
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