$BTC it's a sign of crash. .?
btc is going to fall ?
should we close our longs?
👇👇👇👇
Bitcoin's price is currently experiencing a slight dip, trading around $68,350, with a minor decrease of about 0.1% over the past 24 hours. Despite this, it has shown an overall upward trend in the past week, rising by about 5.9%. Analysts are not expecting a crash at this point, and many are predicting a potential rally toward $70,000 or higher if market sentiment remains bullish
.
However, there is a chance of short-term volatility due to the high open interest and leverage in the market, which could lead to liquidations if positions are closed. If you're considering taking a short entry, keep in mind the potential for a rebound or continued upward momentum
. Make sure to monitor key levels closely and adjust based on the market's reaction.
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