Current price: Around US$ 101.964 (≈ Rp 1.5 billion more per BTC) at the time of publication.
24-hour movement: Down about -2 % to -4 %, with bearish sentiment starting to emerge.
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🧭 Brief Summary
Bitcoin recently fell below the level of US$ 103.000, breaking an important short-term support.
There is potential for additional pressure if support US$ 106.300 (and subsequently US$ 103.500) fails to hold.
Nevertheless, some analysts see that fundamentally BTC is still "undervalued" and there is on-chain accumulation that could serve as a base for a rebound.
#bitcoin #cryptocrash #CryptoUpdate
24-hour movement: Down about -2 % to -4 %, with bearish sentiment starting to emerge.
---
🧭 Brief Summary
Bitcoin recently fell below the level of US$ 103.000, breaking an important short-term support.
There is potential for additional pressure if support US$ 106.300 (and subsequently US$ 103.500) fails to hold.
Nevertheless, some analysts see that fundamentally BTC is still "undervalued" and there is on-chain accumulation that could serve as a base for a rebound.
#bitcoin #cryptocrash #CryptoUpdate
