Buyers cannot pass the resistance of $65.9 thousand.
During the week, bitcoin rose against the dollar by 3.55%, to $65519. On Sunday, the price increased by 1.77% to $65519. The minimum of the week is fixed at $62278. The BTC/USD pair has been trading in the $3600 range for the last four days.
The new week began with growth amid increased risk appetite in other markets.
Gold and futures on American indices are also trading in the black. The price is at $65,461 per bitcoin. Buyers fail to gain a foothold above $65,900. Their activity remains low.
The technical conditions for bitcoin are favorable. By time, buyers need to reach $68,300 by the close of the day. If sellers seize the initiative, then a “bloody” massacre awaits us at the level of $63500. If buyers lose the fight, then the sellers will have a level of $61300 on the horizon. And a breakdown of the daily trend line will then open targets around $59,800. Buyers don’t have time.