$BTC has broken through the 65,000 level; the current price is 65,189.
Round-number levels have no magic in themselves, but limit orders, stop-losses, and psychological expectations tend to cluster around them, so the battle between bulls and bears is often prolonged.
The key is whether 65,000 holds on a retest. If it does, resistance will turn into support.
Round-number levels have no magic in themselves, but limit orders, stop-losses, and psychological expectations tend to cluster around them, so the battle between bulls and bears is often prolonged.
The key is whether 65,000 holds on a retest. If it does, resistance will turn into support.