$BTC Evening Outlook:

Everyone, are you numb or not? It's not about making money but being shaken. This kind of volatile movement, unless you previously held positions, I don't recommend opening new trades. Because it has no clear direction, opening a position will only wear down your funds. Bitcoin has been consolidating, staying in a range without breaking up or down, just choosing a direction. Both bulls and bears have opportunities. It's better to wait until it clearly shows a direction before entering the market. Bitcoin is still moving within a triangle pattern; as long as it doesn't break below the triangle, the decline won't expand. Once the triangle is broken, according to Fibonacci levels, pay attention to the 61.8% Fibonacci retracement level around 65142. If this level holds, there could be a small rebound. Follow the trend to the Fibonacci 1:1 target at 63756 and wait there!
To end the current sideways and downward trend, it must break above 67327 to stop the sideways and bearish movement. Otherwise, sideways and downward movement will continue. Only after stabilizing above 67327 can there be a chance to challenge the higher resistance at 69160. The yellow arrow points to the resistance at 67327, which has been challenged four times without success. If a resistance is tested more than three times and still can't be broken, the bulls will show signs of exhaustion. Bitcoin itself is finding it hard to break through. It looks like it’s preparing for a fifth attempt to break the 67327 resistance. If it fails again, the bulls will be completely out of the game, and a downward retracement to activate lower buy orders will be necessary to trigger a rally. Otherwise, wait for Trump to make a statement—only when Trump speaks can we determine the direction.

Bitcoin, with volume, breaks above 67037 and follow the rebound to buy. If it breaks below 66760 with volume and cannot recover, follow the short position and set a stop-loss.
On the hourly chart, if Bitcoin breaks and stabilizes above 67037, look for targets at 67851-68510. If it can't go above 67037, it’s useless.
On the 4-hour chart, if it breaks below 66358, look for support at 65638-64918.

On the 4-hour chart, the yellow bullish trend line indicated by the white arrow must not be broken. The corresponding price is around 66300. Once broken, the consolidation range will be easily breached, and Bitcoin's 4-hour correction will restart. It’s likely to form a range with a 1:1 ratio; we’ll see how far it goes. Currently, the 4-hour trend is very unfriendly to the bulls. No rebound should occur; breaking below the bullish trend line will lead to a deep abyss.
$BTC