A sudden Big Dump in $BTC because of Whale attack .. Some Big fish sold Millions of Bitcoin and we see a A Big Downward trend from $66,200 - $64,200..$BTC
Now $BTC again started recovering it's value .. Soon it hit 66k..
BTC/USDT Trading Update...
Bitcoin has witnessed a rollercoaster trading day, peaking at $66,076.12 before experiencing a sharp drop to a low of $64,190.00. Currently stabilizing around $64,600.00, the market reflects a 1.35% decline. This volatility presents a strategic opportunity for traders to closely monitor the support level near the day's low, which could act as a potential rebound point.
Conversely, the recent peak serves as a resistance zone. Consider setting strategic entry points just above $64,190 for long positions, with a keen eye on the resistance for any breakout to optimize potential gains.
As always, stay alert to sudden market movements and adjust your strategies accordingly to maximize trading outcomes.
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