๐ **Bitcoin's Recent Price Movement Analysis** ๐
๐ข According to Glassnode co-founder Yann Allemann, Bitcoin experienced a 6% surge on Sunday but encountered resistance at $28,500, leading to a 4.5% drop the following day.
๐ฉ Allemann noted that despite the fluctuations, the risk signal remains above the high-risk threshold, implying that a significant decline is less likely at this point.
#Bitcoin #CryptoMarket #BTCPrice #MarketAnalysis ๐๐๐