#Market_Update
#Bitcoin❗ has been on an intriguing journey lately, #bouncing around the $68k mark, which was previously a stronghold of support. Now, as it tries to breach the $69.2k barrier, formerly an #all-time high in 2021, it's facing some tough #resistance! It's like a game of tug-of-war between bulls and bears. If $BTC manages to reclaim $69.2k with significant volume, we might just see a rally towards Monday's peak above $71k. But for now, it's a waiting game, with bids placed strategically for potential dips.
There will be over $5.5b short liquidations once $BTC hits $73,8k. I continue to hold my BTC long position.
THANKYOU.
#Bitcoin❗ has been on an intriguing journey lately, #bouncing around the $68k mark, which was previously a stronghold of support. Now, as it tries to breach the $69.2k barrier, formerly an #all-time high in 2021, it's facing some tough #resistance! It's like a game of tug-of-war between bulls and bears. If $BTC manages to reclaim $69.2k with significant volume, we might just see a rally towards Monday's peak above $71k. But for now, it's a waiting game, with bids placed strategically for potential dips.
There will be over $5.5b short liquidations once $BTC hits $73,8k. I continue to hold my BTC long position.
THANKYOU.
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