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#Bitcoin has now closed three consecutive weekly green candles, but price is still trading below the key weekly resistance at $65,776.
For me, this level remains the line in the sand. Until BTC can reclaim and close above $65.8K on the weekly timeframe, my higher-timeframe bias stays bearish.
A rejection from here could lead to another short-term pullback. That said, I'm not expecting a major move before the monthly candle closes.