đš Bitcoin Update: Short-Term Dip, Long-Term Bullish? đš
As of today, Bitcoin (BTC) is trading at $62,414, reflecting a -1.30% decline over the past 24 hours. Despite this short-term dip, many analysts remain bullish for the long run, with key resistance at $64,000. Breaking through this level could trigger a stronger upward rally.
đĄ Bearish Signals:
BTC is down 2.50% over the past week.
Struggling to break the $64K resistance.
đȘ Bullish Outlook:
Long-term fundamentals remain strong.
Traders eye a breakthrough past $64,000 as a bullish signal for future gains.
Is this dip a buying opportunity, or are we headed for more consolidation? Stay cautious but keep your eyes on the key resistance levels!