$BTC
BTC
66,420.08
-0.69%
🔥 Bitcoin at a Tense Decision Zone 🔥
BTC is sitting right on a critical support, and the next move could decide the short‑term trend. Veteran trader Matthew Dixon’s chart shows a possible short squeeze first — pushing price up toward the Fibonacci band between $69.5K and $74.9K — before momentum fades and another leg down kicks in.
Right now, Bitcoin hovers near $66,170, but the setup doesn’t scream “breakout.” Instead, it looks like a temporary bounce before resistance bites back.