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Woofun AI data shows that Bitcoin surpassed the $64,000 resistance level on Tuesday, hitting an intraday peak of $65,511 before closing at $64,858, a daily decline of 0.18%. Technical analysis reveals that the descending trend channel established since May’s approach to $82,000 remains influential, with the 50-day moving average trading below the 200-day moving average to form a "death cross". The ADX indicator sits at 23.4, signaling weakening bearish momentum, while the RSI rests at 55.7 in neutral-to-bullish territory.
On the Myriad prediction market, participants assign a 66.6% probability that Bitcoin will decline to $55,000 before ascending to $84,000, which carries a 33.4% probability. These odds have remained stable despite recent price volatility.