BTC Shows First Signs of Life at 65,353

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BTC Shows First Signs of Life at 65,353Bitcoin / US DollarCOINBASE:BTCUSDinchartswetrustHello traders!🌴 ✅The first signs of life have appeared on the 1H chart after touching the 65,353 level. Price is gradually moving into a sideways range, although it is still too early to tell how long this consolidation may last. For Bitcoin, this would be the best-case scenario at the moment. In that case, the 64,890–67,600 levels appear to be the most logical area for the formation of a new trading range. ❌However, the more likely scenario for now remains several additional waves of decline before larger players begin actively accumulating positions. From a purely technical perspective, a bullish divergence is forming on the 1H chart, while the internal trendline has already been broken. In addition, increasing volume has started to appear at these levels. These are positive signals, but they still look too weak given the scale and structure of the recent sell-off. Peace everyone!