🍠4/3 Midday Bitcoin Outlook



Bitcoin at 65,500 has supported multiple tests without breaking, but the rebound strength has clearly weakened.
Yesterday’s pullback only resulted in a false breakout of the flag pattern’s lower boundary, failing to reclaim the 67,638 resistance.
Currently approaching 65,500 again, if the rebound still cannot break through the previous high of 67,405, support is likely to be lost.
• Break below 65,500 → first watch 64,930, then 63,832 for a stop decline
• Conditions for a rebound after stopping decline: re-enter the flag pattern + break through 67,638
• Range of fluctuation: 66,252–67,300, wait for a breakout/breakdown to determine the direction

Trading suggestions:
• Volume breakout above 66,893 → go long on the right side, target 67,598–68,591
• Volume breakdown below 66,253 → rebound without recovery → go short on the right side, target 65,561–63,810
BTC0,77%
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