🚀 Bitcoin's Rollercoaster: What's Next? 🎢
Bitcoin (BTC) has been on a wild ride, peaking at $68,500 but now showing signs of a breather. Here’s the scoop:
- **Spot CVD Slump**: Retail investors are selling at higher prices, causing the spot volume cumulative delta (CVD) to dip.
- **Decision Time**: Analyst XBTManager says BTC is at a resistance point—will it break through or retreat to $63K-$64K?
- **Futures Frenzy**: CryptoQuant CEO notes an all-time high in BTC futures leverage. Overleveraged markets could mean a shakeout is coming.
What do you think? Is Bitcoin gearing up for another climb or a dip? Share your thoughts below! 💬