The Next Week of BTC: Resistance at $70k or Drop to $65k? My Quick Analysis
Good morning everyone! Let's get straight to the point: the #Bitcoin (BTC) is at a crucial decision moment.
I am keeping an eye on two key levels this week:
1. The Critical Resistance ($70,000): This zone has acted as a psychological and technical ceiling. If BTC can break and close above $70k with significant volume, I believe we will have room to seek new historical highs.
2. The Vital Support ($65,000): If there is not enough buying strength and the market pulls back, the $65,000 level is the immediate support. A decisive break below this mark could trigger more selling and take us back to the $62,000 zone.
📊 My Perspective
Although the long-term trend is strong (thanks to institutional demand), I see signs of short-term exhaustion. I am cautiously optimistic. Sideways consolidation is healthy, but it needs to resolve soon.
My bet: The sideways movement continues, but the probability slightly leans towards a test of $70k before a stronger pullback.
⚠️ Remember: This is just my opinion and not financial advice. Always do your own research!
And you? What do you think will happen to BTC in the coming days? Vote and comment!
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