Bitcoin bounced off 62,081 dollars and climbed back above 65,000. đ
CoinGecko data checked at 02:00 PKT puts Bitcoin near 64,864 dollars on the last 30 minute close, after a 24 hour range from 62,081 to 65,980 dollars, and crypto.news reports Bitcoin touched about 62,000 dollars on Sunday before buyers stepped in. đ Corgano reports the rebound came after one of the sharpest 10 day declines in crypto history, driven by steady ETF selling, forced liquidations and Fed hike fears, so this bounce is real buying, not just a quiet Sunday print. My reading is that 62,081 is now the line that matters, because holding above it keeps the bounce alive, while losing it again opens 60,000 fast.
Does Bitcoin hold 65,000 into Monday, or does the bounce fade back to 62,000? đ€
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#Crypto #Bitcoin #FuturesTrading #TradingSignals #BitcoinPrice
CoinGecko data checked at 02:00 PKT puts Bitcoin near 64,864 dollars on the last 30 minute close, after a 24 hour range from 62,081 to 65,980 dollars, and crypto.news reports Bitcoin touched about 62,000 dollars on Sunday before buyers stepped in. đ Corgano reports the rebound came after one of the sharpest 10 day declines in crypto history, driven by steady ETF selling, forced liquidations and Fed hike fears, so this bounce is real buying, not just a quiet Sunday print. My reading is that 62,081 is now the line that matters, because holding above it keeps the bounce alive, while losing it again opens 60,000 fast.
Does Bitcoin hold 65,000 into Monday, or does the bounce fade back to 62,000? đ€
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #BitcoinPrice
