BTC: Face resistance, potential downside to $60K
2024-10-24

Bitcoin was previously testing the strong resistance level of 68K and failed to break this level several times.
Bearish sentiment then entered below 67K, and failure to hold the current support could push prices lower.

The chart shows a possible fall to support at 65K, a key area for demand.

A line near 65,7K indicates a key support level where buyers may step in.

Short term bearish: If top resistance continues to hold, prices may move toward lower support levels, indicating downside potential in the short term.

If $65,7K breaks below, we can expect this to happen!