🚀 Bitcoin's Rollercoaster: Hold on Tight! 🎢

Bitcoin (BTC) is giving traders a wild ride! After a Wall Street sell-off, BTC/USD bounced back to $58,000, finding support at the 21-day moving average (SMA). But don't pop the champagne just yet! Keith Alan from Material Indicators warns that staying above the 50-week SMA at $53,945 is crucial.

Popular trader Jelle predicts new highs by October, while Josh Rager advises caution, noting BTC's trend of lower highs and lows.

Crypto sentiment took a hit, with the Fear & Greed Index dropping to 33/100. What do you think? Share your thoughts below! 💬

#Bitcoin #CryptoTrends