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Due to concerning news from the Middle East, Bitcoin has experienced a brief correction and has now reached a critical support level of $65,500.
I still maintain a bullish outlook, at least as long as Bitcoin stays above the support level. If more news emerges, we might see a false breakout, but a quick rebound back above the support level is expected.
❕ Overall, we are still within a horizontal channel, so be very cautious when trading. I know that even the most skilled traders are stopped out due to constant manipulation.