#大盘走势 #BTC #Saga

After Bitcoin price failed to maintain its momentum above the symmetrical triangle pattern, the bears took the responsibility of pushing the price below the direct Fibonacci channel. As a result, Bitcoin fell to $68,000; however, the bulls strongly defended further declines.

The BTC/USDT trading pair will challenge the historical peak near $74,000. This level may serve as a key resistance point; however, if the bulls break through it, the pair is expected to trigger the next bullish momentum with a target of $80,000.

The window of opportunity for the bears is closing quickly. In order to trigger a rebound, they need to quickly push the price below the triangle. If this happens, the trading pair may fall to $64,300.  

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