Bitcoin once fell below $65,000, but analysts say "the pullback is over"

Bitcoin fell below $65,000 on Thursday against the backdrop of a stronger US dollar, but analysts believe the pullback has ended. The softening trend in Bitcoin prices is attributed to the US dollar's strength offsetting the gains from the dovish tone of the Federal Reserve. Market analysis firms believe that Bitcoin has completed its pullback before rebounding and is expected to perform well in the next upward trend. Bitcoin traders point out that the bottom of the pullback has formed before holding the $65,000 level. Bitcoin may consolidate in the current price range for a period of time and will need to break through the $69,000 high to reach a new high