📉 Bearish scenario (most likely in the short term)
Some prediction markets give >70% probability that **Bitcoin will fall below $65,000 before bouncing back, due to bearish technical sentiment and ongoing selling pressure. �
WEEX
Indicators like RSI in oversold territory (below 30) suggest that the price has been excessively sold and could approach critical supports if selling persists. �
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Important support levels to watch:
🟦 $64,000–$65,600 – strong technical level in the short term. �
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👉 If this support is broken, the market could extend the decline towards lower psychological zones, around $60,000 or even below before stabilizing.
📈 Neutral scenario / technical recovery
Technical analysts also consider possibilities of a rebound from oversold levels:
Immediate rebound target: $72,000–$74,000, if the price manages a technical turnaround from excessive selling conditions. �
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Key resistance levels to overcome to confirm a recovery:
🔺 $78,000–$80,000 – major technical obstacle zone. �
🔺 $85,000–$95,000 – medium technical resistance that would mark a more solid trend change. �
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MEXC
📊 If Bitcoin manages to break above these levels and maintain them, it could resume a broader bullish momentum.#BTC $BTC
