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BTCUSDT - Retest resistance before a drop to 65K

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BTCUSDT is consolidating amid a global downtrend (crypto winter). At the same time, the price is holding below the upward support line, indicating market weakness...

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Bitcoin looks relatively stable, but at the same time is in a bearish trend. A retest of the zone of interest could intensify the decline toward 65K–63K
The attempt at growth ended in failure, and Bitcoin is forming another liquidation after a local bullish trend. Following a sharp decline, an imbalance zone has formed at 67,500–67,880. A retest of resistance is possible before a drop to 65K.

Resistance levels: 67,545, 67,884, 68,600
Support levels: 66,200, 65,550


Technically, the price is testing the 66,200 support level and may form a correction toward the imbalance zone formed within the trading range. The 67,500–67,800 short squeeze may end with a reversal and a decline to 65K–63K

Best regards, R. Linda!
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