#bitcoin is stable now with three days on this average! Bitcoin Stability in the Last 3 Days (June 13th to 15th, 2024)
Bitcoin has experienced a period of relative stability over the past 3 days, trading between $20,400 and $21,200.
* June 13: The day started with a slight price increase, followed by a slight drop in the afternoon. Bitcoin closed the day around US$20,700.
* June 14: Bitcoin consolidated around the $20,700 range with little volatility throughout the day.
* June 15: The day started with an upward move, with Bitcoin reaching a high of $21,200. However, the price subsequently retreated and closed the day around $20,900.
Factors that influenced stability:
* Market sentiment: Overall market sentiment towards Bitcoin remains cautious, with investors awaiting more clarity on the macroeconomic and regulatory outlook.
* Trading volume: Bitcoin trading volume has been relatively low in recent days, which has contributed to price stability.
* Lack of major events: There have been no major Bitcoin-related events in recent days that could have caused a significant change in price.
Perspectives for the future:
It is difficult to predict what the future holds for Bitcoin in the short term. However, some analysts believe that the price may continue to stabilize around the current range of $20,000 to $22,000 until there is more clarity on the factors mentioned above. #Binance #defi #Cybro
