BTC Slips Below $60K Again â Buy the Dip or Wait and See? đ
âLooking at the BTC/USDT chart today, Bitcoin is under pressure again, sliding down to the 59,608.72 USDT level (-1.54%).
âIf we look at its medium to long-term performance, BTC's price action is clearly going through a heavy correction phase (all major timeframes are flashing red):
â7 Days: -7.07%
â30 Days: -19.51%
â1 Year: -44.44%
âRight now, the price is hovering near its 24-hour low of 59,403.77 USDT after hitting an intraday high of 60,605.41 USDT. Will this $59K area act as a strong support for a bounce back above $60K, or are we heading for a deeper correction?
âShare your thoughts or buy targets in the comments! đ
â#BTCè”°ćżćæ #Bitcoin #Trading #BinanceSquare
âLooking at the BTC/USDT chart today, Bitcoin is under pressure again, sliding down to the 59,608.72 USDT level (-1.54%).
âIf we look at its medium to long-term performance, BTC's price action is clearly going through a heavy correction phase (all major timeframes are flashing red):
â7 Days: -7.07%
â30 Days: -19.51%
â1 Year: -44.44%
âRight now, the price is hovering near its 24-hour low of 59,403.77 USDT after hitting an intraday high of 60,605.41 USDT. Will this $59K area act as a strong support for a bounce back above $60K, or are we heading for a deeper correction?
âShare your thoughts or buy targets in the comments! đ
â#BTCè”°ćżćæ #Bitcoin #Trading #BinanceSquare