Bitcoin Movement Analysis This Week

Bitcoin has been moving within an up-channel pattern since September 6, 2024, and it is now approaching a key resistance level at $65,148. If this resistance is broken, the next bullish target is at $76,581.

However, if the $65,148 resistance holds strong against the bullish momentum, BTC may retrace back to the up-channel support at $62,415.

I will update this analysis if any new key levels or patterns emerge.
Thank you.