BTC/EUR

Bitcoin (BTC) has been experiencing significant volatility against the Euro (EUR) lately. According to Binance data, the current price of Bitcoin is around EUR 92,404.17, with a market cap of EUR 1,829.48 billion and a 24-hour trading volume of EUR 118.88 billion. 

Technical Analysis:

Recent technical analysis has indicated that Bitcoin has broken the $95,195.00 level, paving the way for further downside correction towards the $90,750.00 and then $88,000.00 levels. 

Influencing Factors:

• Market Volatility: Bitcoin is known for its high volatility, making it challenging to predict its future movement.

• News and Developments: Any positive or negative news can significantly impact the price of Bitcoin against the Euro.

Tips for Investors:

• Follow technical analysis: This helps in understanding potential price trends.

• Monitor global news: Political and economic developments may affect the value of Bitcoin.

• Risk management: Due to high volatility, it is advisable to set stop loss levels and avoid investing amounts that you cannot afford to lose.

Please consider professional capital management