Bitcoin (BTC) Analysis

Current price: 65,593 USD (down 1.33% in 24 hours)

Market capitalization: 1.29 trillion US dollars

Highlights:

* Price: Bitcoin is currently trading in a narrow range between $67,508.07 and $71,892.61.

* Trend: Short-term: Neutral. Long term: Bullish.

* Influencing factors:

* US Federal Monetary Policy: The policy of raising interest rates by the Federal Reserve affects the attractiveness of high-risk assets such as Bitcoin.

* Investor sentiment: Investor sentiment plays an important role in determining the direction of Bitcoin price.

* Adoption: The increasing use of Bitcoin by individuals and companies affects its value.

Expectations:

* Short-term: Bitcoin is likely to continue trading in its current range in the coming days.

* Long-term: Bitcoin still faces significant risks, but it also has enormous growth potential.

Between them and come to your own conclusions. $BTC #Binance #bitcoin #USDT