đš BTC Update: Must Read to Understand Market Sentiment! đ
Bitcoin is currently trading around $68.7k after a slight dip from the $71k level. Everyone's wondering whatâs next for BTC. Hereâs the scoop:
Our technical analysis suggests that if BTC maintains the $68.7k level, itâs poised for further upward movement. The recent dip was likely a move to liquidate more longs before another surge. Remember, the market moves in both directions.
Futures liquidation data indicates thereâs around $350 million worth of short liquidity at $70.4k, making it the next target for Bitcoin in the coming hours. Iâve already made $4k profit during the recent dip using my own analysis.
Remember, futures trading carries high risks. Always trade with expert guidance.
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