🚀 Bitcoin (BTC) bounces back, trading at $42,930 with a 4.3% increase in the last 24 hours! Key indicators suggest further bullish momentum 📈
- BTC's Relative Strength Index (RSI) turns bullish, hovering around 50; needs to stay below 65 for a $45,000 breakthrough 🎯
- Whale activity surges, with 114% rally in unique transactions worth at least $100,000 🐳
- Total open interest (OI) rises slightly from $7.07 billion to $7.31 billion 📊
- Binance funding rate shows slight dominance of long-position holders at 0.015% 🔍
However, Crypto Banter analyst warns of a possible bigger dump due to high leverage rates and overhyped memecoins and airdrops. On the flip side, potential Bitcoin ETF approvals in the U.S. could signal bullish momentum with trillion-dollar companies joining the industry 🌐
What do you think? Will BTC continue its bullish run or face another dump? Share your thoughts in the comments below! 💬👇