Roller Coaster #BTC☀

Yesterday was a real roller coaster on the crypto market! Bitcoin, like a petrel, was flying between the hopes and fears of investors. A record influx of money into the Ethereum ETF ignited the excitement, and it seemed that nothing could stop the rapid growth of Bitcoin, which overcame the coveted mark of 100 thousand dollars and it seemed that nothing could stop it. But the market, as we know, likes to joke about optimists. An unexpected collapse of 10 thousand dollars made many traders clutch their hearts and wipe the cold sweat from their foreheads. However, Bitcoin recovered from the blow quite quickly.

What was it? A false breakout, which so often happens in a volatile market. Technical analysis tells us that Bitcoin is still moving within a certain range.

So what awaits us next? Nobody knows for sure. The speech of the Fed Chairman only fueled interest in cryptocurrencies. One thing is clear: the market remains unpredictable and full of surprises. So if you decide to invest in cryptocurrencies, be prepared for any turn of events and do not forget about stop losses 😉.All the best to everyone.