BTC's Sharp Rise: What Happened and What to Expect?
On the fifteen-minute BTC/USDT chart, we see a sharp jump in the Bitcoin rate to $96,902 (+1.21%). Let's figure out what could have caused it:
1. Large Investment: It is likely that one or more large players made purchases, causing the price to rise rapidly.
2. News Background: Positive news related to cryptocurrencies may be released, such as announcements about regulations, ETF launches, or mass adoption of Bitcoin.
3. Technical Momentum: Price may have broken through an important resistance level, which triggered buy orders.
What to expect?
If the news background remains positive, the rate may continue to grow, testing new resistance levels.
However, short-term corrections are inevitable, especially if it is the manipulation of a major player.
📊 Recommendation: Follow the news and analyze longer timeframes to accurately understand the trend.
🐾🐾🐾For the deal, be sure to follow my tags $BTC $ETH $XRP so that you get everything 100%#ElonMusk #BTC #ETH #Xrp🔥🔥 #short_sell
