Today, the big Bitcoin (BTC) is in the same setup as it was yesterday—today’s situation and this afternoon’s market action are basically identical. Right now, the big Bitcoin has already reached the moving-average resistance level around 65,500. Tonight, the market may not see very large fluctuations. If it moves upward, it could form a double top around 65,500. If this wave can break through 65,500, it may then move to around 66,000. Chances are it won’t go all the way to that level. I think there’s a good chance today could see a bearish move, dropping into the 63,500 to 64,000 range. $BTC

BTC-1.14%
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