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<ul>
 <li>#<a href="https://www.coingabbar.com/en/crypto-currency/bitcoin-btc-prices-usd" title="Bitcoin" class="f-link" style="" rel="noopener noreferrer nofollow">Bitcoin</a> (BTC) is currently facing resistance at the $65,000 mark, a significant level.</li>
 <li>Over the last three months, $BTC has been consolidating sideways, forming a bullish flag pattern.</li>
 <li>On June 7th, $BTC was rejected from the upper trendline of this consolidation, suggesting continued sideways movement.</li>
 <li>The Daily timeframe shows a bearish crossover among the 20-day, 50-day, and 100-day Exponential Moving Averages (EMA), indicating increased bearish sentiment.</li>
 <li>The MACD histogram shows a rising red trend, while the RSI is below 50, indicating higher selling pressure.</li>
 <li>According to <a href="https://www.coingabbar.com/en/price-prediction" title="Coin Gabbar analysis" class="f-link" rel="noopener noreferrer nofollow">Coin Gabbar analysis</a>, If Bitcoin holds above $65,000, it may target $70,000 as the next psychological resistance level.</li>
 <li>Conversely, a break below $65,000 could see support levels at $63,000 initially, with potential further decline to $60,000.</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $66,800-$68,200
SUPPORT LEVEL : $64,600-$63,500
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

Bitcoin Price Prediction: Is This the End of BTC Bull Run?

Coingabbar

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