Despite the ongoing market uncertainty, institutional investors are quietly building up their long positions. It seems they have some insights that the rest of us donât! đ
Bitcoin Weekly Close: All eyes are on this weekâs candleâBitcoin needs to close above $57,800 to maintain its bullish momentum. đ Remember my previous updates? I highlighted $65,000 as a strong resistance point, predicting a drop to around $60,000. Now, I don't foresee the market dropping much further, but rememberâanything can happen!
Pro Tip: No matter what anyone saysâmyself includedânever trade without risk management. Itâs an essential part of trading. Donât make any moves just based on predictions; always protect your capital!
What's Next for Bitcoin? If BTC can hold above $57,800, we might see another push towards $68,000 and potentially even $76,000. This could be the calm before the next storm! Stay vigilant and keep your strategies tight! đŒđč