๐จ Bitcoin Price Update! ๐จ
BTC has been on a wild ride lately! ๐ This month, we've seen it soar past $30K, hitting new highs almost daily.
market trends, BTC could potentially dip to around $97K before pulling back further to the $90Kโ$92K range$BTC
๐๐๐
๐ก Tip: Avoid trading in uncertain conditions and prepare for any scenario! ๐๐
Last week, BTC climbed close to $99,500โjust $400 shy of the monumental $100K psychological level. Many traders entered long positions at this zone, anticipating a breakthrough, but BTC reversed sharply, triggering massive liquidations, which are still ongoing.
Now, looking at the market trends, BTC could potentially dip to around $97K before pulling back further to the $90Kโ$92K range. ๐น Despite the fluctuations, traders have made significant profits, with gains touching $5B during these moves. Such activity strengthens BTCโs momentum, as it added $30K in just a few days!
However, over the past 1โ2 days, the market has shown some stagnation. ๐ The 24-hour trading volume is notably low at just $44B. This might indicate a short-term bullish push to attract buyers into long trades, but be cautious! Such moves often result in liquidations if you're not prepared.
๐ Key Takeaway:
BTC remains in a bullish zone for now, but this trend may shift into bearish territory today.
Stay vigilant in this low-volume market. ๐ Whale activity is high, and the market can turn unexpectedly.$BTC
read the feed post๐๐๐๐๐๐