Analysis: Bitcoin’s Next Key Test Is Breaking Above $65,300
Bloomingbit Newsroom
Summary
- Digital-asset analyst Killa said Bitcoin’s key resistance level is $65,300.
- Killa said a decisive reclaim of $65,300 could open the way for further gains to $66,900.
- Killa added that Bitcoin has traded in the same range for the past two months, meaning a range-bound trend may continue for the time being.
Forecast Trend Report by Period
Bitcoin’s key resistance level is $65,300.
Digital-asset analyst Killa wrote on X on August 9 that Bitcoin is facing resistance at $65,300, its current weekly high. If it decisively reclaims that level, the cryptocurrency could extend gains to $66,900.
Killa also said Bitcoin has traded within the same range for the past two months, leaving the broader setup largely unremarkable for now. That suggests the cryptocurrency may remain range-bound for the time being.
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