$BTC Market Analysis

Currently, Bitcoin is trading at $67,903.49 (+1.45%). Over the past three days, BTC has been testing the resistance at $68,450, facing pullbacks on each attempt. So far, there have been four breakout attempts.

Current Scenario

Buying pressure has been building since the $58,900 bottom, with large traders allowing retail investors to acquire BTC around $66,000 through sideways trading. This strategy seems in line with expectations of a strengthening US economy, a recovery in the Nasdaq, and interest rate cuts by the European Central Bank.

Future Expectations

With global capital flowing into risky investments, cryptocurrencies could benefit. Although liquidity in the market is tight, there is growing interest from qualified investors. I am projecting a possible rise to $72,000 if the trend continues, but considering risk management strategies.

Personal Strategy

I am keeping a stop-loss at $65,900 to lock in profits. Once BTC hits $70,000, I will plan to take profits gradually. Remember: the crypto market is volatile and requires patience.

Tip: If you feel it is time to take profits at $68,000, do so, but always in line with your strategy. There are no guarantees in crypto.

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