🛑🛑🛑 Urgent BTC Update! 🛑🛑🛑

👉 Attention all traders! Bitcoin is hovering near $66500 post yesterday's night crash.

🛑 Market Recap:

👉 Yesterday's crash saw a whopping $10k dip within hours, liquidating a significant number of traders.

👉 This liquidation event is the largest since 2022!

👉 Why BTC is Poised for a Rally:

👉 Unlike the 2021 crash, BTC now has the backing of trillion-dollar asset management companies, not just Elon Musk.

👉 Companies like Grayscale and BlackRock won't let BTC dip below $50k, as it would result in massive losses for them.

👉 Market Analysis:

👉 BTC is seeking strong support around $63k and $65k, rebounding from $65k twice, indicating a bullish trend.

👉 However, expect significant volatility as the market recovers from the shock, with FOMO still in play.

👉 Trading Tips:

👉 Hold onto spot trades; avoid high leverage (stick to 20x or lower) in futures trading.

👉 Safest entry points: $55k and $59k.

🛑 Conclusion:

👉 BTC is bullish but volatile. It's expected to rally to $69k, but caution is advised, especially in futures trading. Let the market stabilize before diving in.

Stay tuned for the next ETH update! 🚀

#Aevo #WIF #BTC #Launchpool $BTC $ETH