šØ $BTC IMPORTANT UPDATE šØ
Current Price: $68,578
Despite efforts, BTC remains unable to surpass the $71,500 mark, leading to market volatility and a dip below $69,000.
Understanding market sentiment requires attention to the price levels at play. Simplifying, let's categorize them into three levels:
Level 1= BULLISH
(Above $71,000)
Level 2= Neutral State
(Below $71,000 but above $67,000)
Level 3= BEARISH
(Below $67,000)
Market sentiment fluctuates with these levels, influencing influencers and content creators accordingly.
Monitoring BTC's price is crucial, particularly when it's in Level 2. Should BTC drop below $67,000, expect a decline to the range of $62,300-$63,800.
š Always conduct your research before making trading decisions.
š Be mindful of market volatility.
š This is not financial advice.
