đ BITCOIN RISES, BUT IS THE RALLY REALLY STRONG?
Bitcoin ($BTC ) climbed 1.16% to $78,293.83 in the last 24 hours, outperforming the broader crypto market, which gained 0.75%.
However, this rally appears to be driven mainly by a short squeeze rather than strong organic buying demand. Forced liquidations pushed prices higher, making the current momentum potentially fragile.
â ïž Traders should watch for sustained buying pressure before calling this a confirmed bullish breakout.
#Bitcoin #BTC #CryptoMarket #CryptoTrading $BTC
@KasonsoC @AIéçŒäż±äčéš @çäșșçèș«ć€§æć
Bitcoin ($BTC ) climbed 1.16% to $78,293.83 in the last 24 hours, outperforming the broader crypto market, which gained 0.75%.
However, this rally appears to be driven mainly by a short squeeze rather than strong organic buying demand. Forced liquidations pushed prices higher, making the current momentum potentially fragile.
â ïž Traders should watch for sustained buying pressure before calling this a confirmed bullish breakout.
#Bitcoin #BTC #CryptoMarket #CryptoTrading $BTC
@KasonsoC @AIéçŒäż±äčéš @çäșșçèș«ć€§æć