Big News ....đ„đ„đ„đ„
Bitcoin encountered strong resistance and faced a price drop due to the US Dollar Index's significant strength yesterday. Gold and Silver also experienced substantial declines. Currently, BTC is holding steady at the $69,000 level. We need to monitor if the price maintains its position above this level. A break below $69,000 would be considered bearish and could push the price towards the $64,000-$65,000 range.
Bitcoin is currently trading sideways after a decline. The good news is that the price is holding above the support area. We expect to see more sideways movement over the weekend and some action on Monday when the global markets open.
