🟢 Market Update: What’s Next for $BTC? 🟢
Yesterday, #BTC tested the lower $66,000 range, but a healthy price surge followed by a slight dip occurred as people took profits at the $72K level. What’s next for BTC and the crypto market? I’ll explain it all in this post. 🥂
✨ BTC ✨
Recently, at $69,350, BTC gained momentum again, as the SPOT ETF market closed yesterday with an inflow. This means BTC will likely consolidate over the weekend, awaiting the Monday ETF market opening. BTC is hovering between $68K and $69K, making it an excellent time for altcoins to recover. The chart suggests BTC should see a slight increase over the weekend.
🌿 Altcoins 🌿
We should expect a recovery with funds flowing into altcoins over the weekend, leading to a generally green day. Yesterday’s winner was $BB, recovering 44% and currently sitting at $0.465. As I recommended a week ago, BB is expected to perform well next month. Among memecoins, $BONK rose 12%, making it the best-performing memecoin at the weekend's start. BOME could also recover as it shows bullish signs, while PEPE moves in tandem with BTC.
🔥 Futures Trading 🔥
The weekend might be boring with little volatility, so short positions should reconsider their trades as Monday approaches.
🚀 A BIG price increase might be coming next week as BTC starts to heat up 🚀
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💥 Stay tuned for my upcoming post where I’ll share coins with significant potential for June 💥
#BinanceLaunchpool #altcoins #btc70k #PEPE #EarnFreeCrypto2024
