BTCUSDT remains ensnared within a downtrend, trading at $65,580 today. The immediate resistance at $67,900 poses a significant barrier in the short term. Failure to surpass this threshold may lead to the formation of a double top pattern, making a sell strategy with a profit target of $61,800 advisable.
However, should this resistance level be breached, it opens the door for a bullish position.
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