$BTC dips below $66,000 — what’s the next move? Bullish or bearish?
In my POV, the key thing I’m watching is dominance, but it has a very strong resistance at the current level, which usually means crypto can pump. However, BTC closing below the $67,500 support indicates a possible downtrend.
Let’s conclude what can actually happen. The next 4H closing will be crucial. If price retests the trendline and closes below it again, I’m looking for lower levels around $64,000 with a quick move. If it holds the trendline, then BTC needs a strong closing above $68,000 with solid momentum.
As per the rising liquidations around the $70K level, I’m still bullish in the short term. Although I already exited my trade, it’s better to watch the market until a clear opportunity appears.
So what’s your catch on this, fam? Let me know in the comments.
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