🚨 $BTC Critical Updates🚨
The current trading scenario for Bitcoin (BTC) is as follows:
Current Price: $60,400
24-hour Change: Down by 5%
24-hour Range: $59,600.00 - $62,368.81
24-hour Volume: 27,624.22
BTC24-hour USD Volume: $1.68 billion
The price nearing the 24-hour low indicates a potential support at $59,600.00. For short-term strategies, traders might consider short positions near the current price with stop-losses set above the 24-hour high of $62,368.81. On the other hand, long-term investors could look for buying opportunities near the support level, expecting a bounce back towards $62,368.81, while staying vigilant for any dips below $59,600.00 that could signal further declines.
As for the future outlook, there are predictions suggesting that BTC could reach $90,000 in the initial phase and potentially hit $100,000 within this yea
#btc #Bitcoin❗ #Write2Earn! #SOFR_Spike #US_Job_Market_Slowdown
