📈
♨️ BTC Update ♨️
Bitcoin is currently trading above $63k, but the market faces turbulence due to recent developments. The US market's $2.9 trillion loss has sent shockwaves through crypto, causing a widespread downturn.
BTC finds itself testing crucial support levels, and if these fail, further downside could follow, as anticipated. It's essential to monitor the charts for support and resistance dynamics to navigate these volatile times effectively.
Despite a promising close on the daily chart, sustained green candles are now crucial to mitigate risk. With the weekend approaching, expect consolidation and minor fluctuations until market activity resumes next week.
Remember to trade cautiously with low leverage, especially in such uncertain conditions. Stay informed, stay safe! 📊🔍
