Bitcoin broke through the resistance level of $64000 on Tuesday, reaching a intraday high of $65511 before closing at $64858, a decrease of 0.18% from the day. The downward trend channel of Bitcoin since reaching a high of nearly $82000 in May has not expired, and the 50 day average price is below the 200 day average, forming a death cross with an ADX of 23.4 and RSI of 55.7. Myriad traders give a 66.6% probability that Bitcoin will first fall to $55000 and then rise to $84000, with a 33.4% probability.
