$BTC /USDT: Rebound From Pivot Low, Is $65K Next???
$BTC previously traded inside a strong ascending channel before losing support and breaking below the structure, confirming bearish momentum. The rejection from the major pivot area and the break under the descending trendline accelerated the sell-off toward the demand zone.
Now, $BTC is showing signs of recovery after forming a fresh pivot low around the $61.5K demand area. Price is gradually climbing along an ascending demand line, indicati...