📈 Bitcoin Surpasses $62,000 After Crypto Black Monday! 🚀
- BTC is up 7.12% in the past 30 days. (Source: CoinMarketCap)
- On August 8, BTC hit $62,510 before retreating to $61,068.
- Trader Matthew Hyland: "BTC is forming a massive bull hammer pattern on the weekly chart."
- Trader Byzantine General: "The biggest bear trap ever!"
🔍 CoinGlass data: 52.48% long, 47.52% short. If BTC falls below $60,000, many long positions could be at risk.
💼 Morgan Stanley allows 15,000 financial advisors to recommend Bitcoin ETFs.
📉 Some experts like Markus Thielen and Timothy Peterson still predict that BTC could fall to $40,000 before reaching a new high.
💬 What do you think about this trend? Share your opinion!