🚨 Bitcoin Eyes $66K If Key Support Holds – Critical Moment for $BTC ! 🚨
Bitcoin (BTC) is hovering just above its $62,000 support level after dipping 3.8% in recent days. If this key level holds, BTC could rebound and aim for $66,000, offering a potential upside for traders. 📈 However, a break below this support could trigger further declines, as the RSI is showing a slowdown in bullish momentum, hovering at a critical point.
⚠️ Market Watch: Positive news, such as Ohio Senator Niraj Antani’s bill to allow Bitcoin tax payments and Metaplanet’s purchase of 107.91 BTC, has sparked optimism, but neutral investor sentiment suggests caution. BTC’s long-to-short ratio remains at 1, reflecting a delicate balance between bulls and bears.
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