🤖 🔥 The crypto market is currently experiencing a mix of technical movements and external pressures. As of now, **Bitcoin ($BTC )** is showing minor support around the 61k level. This presents an opportunity for scalpers to take advantage of short-term trades, capitalizing on the price fluctuations within this range.
However, $BTC still has an unfilled gap between $54K and $55K, which could indicate potential downside movement before stabilizing. Traders should keep an eye on this key level for possible corrections in the near future.
Adding to the uncertainty are **global market sentiments** affected by geopolitical tensions, particularly the ongoing **Israel war**. This has led to increased volatility in traditional and crypto markets alike, as investors seek safe-haven assets amid rising instability.
Overall, I would think it will be a great retracement level for the market to enter into #BULLishWithBULL market 🚀
