#BONK: Ready to Take Off 🚀🚀🚀
- Bitcoin is trying to go above $69,500, but it's tough. If it succeeds, it might hit $71,000 by evening.
- Meme coins like BONK are doing well. BONK is among the top performers.
- BONK seems positive after Monday's momentum and has been going up since then.
- But, be careful as weekend moves can be less reliable due to lower trading activity, making cryptos easier to manipulate.
- BONK faces strong resistance around 3637. It's wise to wait for confirmation of an upward trend before investing.
- If Bitcoin stays strong or stable, BONK could break out and aim for its highest price around 4100.
- But if Bitcoin starts dropping, BONK might return to a consolidation phase.
- It's a good idea to wait for a 4-hour breakout above 3637 before considering BONK.