Please don’t be too optimistic, Bitcoin will fall to 54000
Bitcoin has recently formed a small double top pattern. While the price has stabilized at 65,000, it has not consistently broken the upward resistance level, and if the price does not break 68,000 in the short term, then Bitcoin will fall below the neckline and fall further.
The recent announcement of the Federal Open Market Committee meeting and interest rate cut has caused some pullback in the price of Bitcoin, but there has been no significant increase in recent days, and if this continues, Bitcoin may continue to go down.
If this trend continues, Bitcoin could fall further, possibly reaching the 54k level.
Thanks for watching and good luck!