Bitcoin Freefall After $64,500 Peak – Opportunity For Sellers!
2024-10-10

Bitcoin (BTCUSDT) is in a strong downtrend on the 3-hour chart, after failing to overcome the $64,000 resistance and the $64,500 high.

With the current situation, the sellers are in control of the market, and the possibility of a further decline to $57,505 USDT is very high if BTC fails to overcome the 34 and 89 EMAs.

What do you think about this view?