BTCUSD Analysis: Key Support and Game Amid Geopolitical RisksBitcoin / U.S. dollarBITSTAMP:BTCUSDChuck_WilsonBitcoin prices rebounded after testing the $65,000 mark and are currently hovering around $67,500, exhibiting a typical "sharp drop, slow rise" recovery structure. Risk assets were under significant pressure due to escalating geopolitical conflicts in the Middle East and soaring oil prices, but Bitcoin showed some support at key support levels. The daily chart shows that the price is still in a downtrend, but the hourly chart shows signs of bottoming out. First Support: $65,750 - $65,900 (Recent low area, key support on the hourly chart) Core Support: $65,000 (Psychological level; a break below this level would indicate a weakening trend) Defensive Support: $64,200 - $63,500 (Downside target) Resistance: $68,500 (Confirmation level for a rebound, near the 100-hour moving average) Strong Resistance: $69,200 - $70,000 (Upper edge of the range) Aggressive traders can consider a small long position near $66,000. Conservative traders should wait for a pullback to the $65,200-$65,500 area to enter in batches. If the rebound to the $68,200-$68,500 area is met with resistance, a short position can be considered. We welcome all traders to share their opinions, and let's move forward together in this market. BTCUSD BTCUSD BTCUSD BTCUSD BTCUSD