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Bitcoin Price Fluctuations: A Rollercoaster Ride or Just the Matrix Glitching?

Bitcoin's price has experienced significant fluctuations, with a current price of around $69,420. The market sentiment is mixed, with some analysts predicting bullish trends towards $83,000 and others expecting a bearish downturn to $39,000. Key resistance and support levels are identified at $72,000 and $64,000, respectively. The Ethereum Fear and Greed Index indicates a high level of greed in the market, with a current price of $3,688. The overall sentiment leans towards a bullish outlook, despite the current volatility.

BTC closed bearish from its resistance area which is normal. This is still a range area, we need a Daily breakout above $73,000 to call Bitcoin bullish.

Bitcoin dominance took a rejecting on the underside of the weekly sending triangle

Means altcoins are trying to hold their ground here

The fight is on 🔥

#BTC #bitcoin #ANALYSIS