Bitcoin breaks through $64,000 resistance level, Myriad traders predict a drop to $55,000 first

Bitcoin broke through the $64,000 resistance level on Tuesday, reaching an intraday high of $65,511 before trading at $64,858, down 0.18% on the day. The downward trend channel from the nearly $82,000 high in May remains intact. A death cross has formed, with the 50-day average price below the 200-day average. The ADX is 23.4 and the RSI is 55.7. Myriad traders give a 66.6% probability that Bitcoin will first fall to $55,000, while the probability of first rising to $84,000 is 33.4%.