Bitcoin H2 - Bears are determined to start the weekBitcoin / U.S. dollarBITSTAMP:BTCUSDAllison_LutherXBitcoin is trading around 64,900 USD, up slightly by about 106 USD on the day, but has not yet made a clear breakthrough. Today's fluctuation range is only in the range of 64,696–65,348 USD, showing that BTC is inclined to accumulate rather than extend the trend. On H2, Bitcoin recovered well from the $62,400–62,800 zone, but is now repeatedly blocked below the $65,300–65,500 resistance zone. The price continuously tried to break out but could not maintain above, while RSI also turned to cool down. To me, this is a signal that short-term upward momentum is weakening. If $65,500 continues to be defended, BTCUSD is likely to enter a correction back to the $63,200–$63,600 range before the market finds new momentum. The notable thing this week is still the US CPI on August 12; Before this important data, the sideway state under resistance may continue.