🚨 Market Update 🚨 $BTC Struggling to Maintain Momentum / What's Next?
Here's the latest #BTC chart, showing the price breaking critical support. This has both positive and negative implications for BTC and the overall market. Let's break down what might happen next and what to expect in the coming week.
✨ BTC Price Action ✨
Bitcoin has been consolidating above $60k for 108 days. This suggests a big, sudden price jump is likely soon (Positive Impact).
Currently, the price is around $66k, having broken major support. We might see a further drop as we approach Monday. However, with the opening of the BTC SPOT ETF market, a price recovery is possible.
BTCUSDT
66118
-0.12%