Bitcoin Price Downside Thrust Over Or The Bears Are Not Done Yet?

Bitcoin price started a major decline amid the Israel-Iran tensions. BTC declined toward $60,500 and is currently attempting a recovery wave.Bitcoin is attempting a recovery wave from the $60,500 support zone.
The price is trading below $65,500 and the 100 hourly Simple moving average.
There is a key rising channel forming with resistance at $65,850 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could gain bullish momentum if it clears the $66,000 resistance zone.Bitco