Bitcoin Price Analysis: Support at 1065 and Short-term Rebound Expectations

The plan T7-China has executed full cycles, and it is unfortunate that the missed opportunity at the 107 level prevented a long position at that point, especially since there was a potential for a 3,000 price movement. With the recent dip, it's evident that the 1065 level acts as a strong support zone for long-term growth. Currently, the downward movement persists as the 1099-1105 range shows significant selling pressure, preventing a breakout. Today, the expectation is for a slight retracement back to 1082-1073, followed by a rebound toward the 110,000 range. If buying strength surpasses 111,355, there's potential for a new high around 115-117. Conversely, if buying power weakens at the 110 zone, a strong resistance might be triggered, leading to a decrease possibly back to 103-104, which is a critical support zone for the current uptrend. For altcoins, focus should be on AI, Eigen, and GameFi sectors.