💡Text and picture simplified version Simple analysis $BTC

In line with yesterday's expectations, 64,000 was not held and directly broke through and stabilized.

However, the price still encountered new resistance of 66,400-66,500 during the rise. This price was also the high point of the strong bitcoin at the end of September. This time, the test verified that there was effective selling pressure at this point, and there may also be some locked-in orders at the end of September.

Now the short-term trend of the market is clear (bullish), and the key resistance is clear (66,400-66,500). We just need to wait for the price to break through and continue to look upward.

The breakthrough here is very likely to become the starting point for the continuation of the large cycle trend.