The recent $BTC has definitely been a bit of a dilemma.
The price is currently hovering around $77,700, up slightly over the past 24 hours. But looking at the past week, BTC is still under considerable pressure.
I don't think we can call it a reversal just because of a one-day bounce. What matters next is whether BTC can regain and hold above $78,000, and whether buying pressure can continue.
In the short term, the market still needs time to regain confidence.
Do you think BTC can keep bouncing this time, or will it pull back again?
#BinanceProcesses$4.65BWithdrawals BTC #bitcoin #BinanceSquare
The price is currently hovering around $77,700, up slightly over the past 24 hours. But looking at the past week, BTC is still under considerable pressure.
I don't think we can call it a reversal just because of a one-day bounce. What matters next is whether BTC can regain and hold above $78,000, and whether buying pressure can continue.
In the short term, the market still needs time to regain confidence.
Do you think BTC can keep bouncing this time, or will it pull back again?
#BinanceProcesses$4.65BWithdrawals BTC #bitcoin #BinanceSquare