Bitcoin is again approaching key prices, and the market is concerned about its ability to emerge from the near-term shock. According to multiple analysts, the current trend is close to a technical breakthrough and the short-line focus remains on the pressure belt near $65,000.

Six, two sets of ups and downs.

Trader Josh Olszewicz said that bitcoin was only one step away from a “complete breach zone”. The six-hour BTC/USD figure shows that there is now both a back shoulder and a fall in wedge.

According to its description, the left shoulder was formed in June, with the head down in early July, at a price of almost US$ 57,800, and the right shoulder gradually took shape in mid-July. At the same time, Bitcoin has also broken the downward resistance line, which has lasted for several weeks.

  • The head is about $57800.
  • Target area between $72,669 and $76,698
  • $65,000 is still critical.

$6.50 million remains a short-line focus

Another marketer, James Stanley, argued that the current performance of TTco is stronger than that of gold. While the $65,000 line has attracted sales in the past several tests, the repression of empty space in this location is diminishing.

He noted that since July, the low price points had continued to rise, a trend that usually contributed to the evolution of the upward triangle. If the buyout continues, the market is likely to heat up further on the road ahead.

The agency is still cautious about the rhythm of the year.

Although short-line graphics are strong, Galaxy Digital CEO Mike Novogratz has exercised relative restraint in judging larger-scale behavior. He recently indicated that bitcoin would probably still be sorted between $60,000 and $80,000 for the rest of the year.

He also mentioned, however, that bitcoin still had the opportunity to move towards $100,000 if the regulatory environment was clearer and macro-conditions improved, and when demand resumed.

At the same time, Michael Saylor, under the banner of Strategy, maintained a wait-and-see posture in the market last week, without a clear readjustment of the hold. It is mentioned that the company currently holds 843,775 bitcoin and maintains approximately $3.2 billion in reserves.