Bitcoin has corrected for a bit due to concerning news coming from Middle East, and now reached the crucial $65,500 support level. I still stick to the bullish scenario, at least until Bitcoin stays above the support. We may see a fake breakdown in case more news come out, but expect a quick come back above. ❕All in all, we are still located inside the horizontal channel, so be very careful with trading. Even the best traders I know are being stopped out because of constant manipulations.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$BTC UPDATE
Bitcoin has corrected for a bit due to concerning news coming from Middle East, and now reached the crucial $65,500 support level.
I still stick to the bullish scenario, at least until Bitcoin stays above the support. We may see a fake breakdown in case more news come out, but expect a quick come back above.
❕All in all, we are still located inside the horizontal channel, so be very careful with trading. Even the best traders I know are being stopped out because of constant manipulations.