๐ Bitcoin Quick Take: Key Levels and Market Sentiment
BTC pulled back to $63,000, a crucial defense zone for bulls ๐ก๏ธ
Pullback reasons: Friday options activity, leveraged traders shakeout ๐๐
Bullish signals remain strong:
Michael Saylor: Major US banks might soon custody Bitcoin ๐ฆ
Forbes: BlackRock quietly buying BTC, preparing for USD decline ๐
Big players potentially using media to support their positions ๐ฐ
Technical Outlook:
Need a new higher high above $65,000 for significant breakout ๐
If $65,000 becomes support, next target: $68,000 ๐ฏ
Key Point: Bitcoin price action suggests higher moves, conditions ripe for a pump ๐
Remember: $65,000 break would confirm recovery from $52,500 swing low ๐ช
#bitcoinโ๏ธ #CryptoAnalysisUpdate #BullishMomentum #HODLHODL ๐