$BTC latest update in the cryptocurrency market:
Yesterday, Bitcoin showed strong support above the US$ 85.2k support level. The market absorbed profit-taking in the range of US$ 86k to US$ 87k, and BTC is now consolidating while other altcoins start to take off and advance on the next higher leg.
The longer Bitcoin consolidates at these levels without losing support, the healthier the uptrend looks. It’s still early to say for certain that a bull run is underway, but the market has been showing exceptional strength so far.
The key zone to watch now is US$ 90k to US$ 95k: as Bitcoin approaches it, how long it takes, and most importantly, how it reacts if it breaks through.
Happy trading, everyone. There are many opportunities in the market right now. Keep focused on risk management and capital protection (Dyor )
#BTC突破7万大关 #crypto #BİNANCE
Yesterday, Bitcoin showed strong support above the US$ 85.2k support level. The market absorbed profit-taking in the range of US$ 86k to US$ 87k, and BTC is now consolidating while other altcoins start to take off and advance on the next higher leg.
The longer Bitcoin consolidates at these levels without losing support, the healthier the uptrend looks. It’s still early to say for certain that a bull run is underway, but the market has been showing exceptional strength so far.
The key zone to watch now is US$ 90k to US$ 95k: as Bitcoin approaches it, how long it takes, and most importantly, how it reacts if it breaks through.
Happy trading, everyone. There are many opportunities in the market right now. Keep focused on risk management and capital protection (Dyor )
#BTC突破7万大关 #crypto #BİNANCE
