$BTC Bitcoin (BTC) is showing signs of consolidation around the $65,000 level after a recent rally. The 50-day moving average is acting as strong support, while resistance is seen near $68,000. RSI is hovering around 55, indicating a neutral trend. A breakout above resistance could push BTC toward $70,000, while a drop below support might trigger a correction to $62,000. Traders should watch for volume confirmation before taking positions. With upcoming macroeconomic data releases, volatility is expected. Risk management remains key in this market, and stop-loss levels should be carefully placed to avoid unnecessary losses.
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