$BTC
$BTC
Here is the situation: after recently hitting a high of $81,000, BTC has taken a slight correction and is currently trading back in the $77,300 – $77,800 range.
There’s no need to panic; this is just the usual leverage flushing and some profit-taking that is necessary for a healthy market after such a massive rally. As long as BTC holds its major support zone at $76,000, the overall structure remains stable.
If anyone is looking to take an entry, don't rush into it all at once; accumulating on the dip will be a much safer approach until it regains volume above $80,000."#BitcoinSpotETFEnds9DayInflowStreak #BTC @BTC -
$BTC
Here is the situation: after recently hitting a high of $81,000, BTC has taken a slight correction and is currently trading back in the $77,300 – $77,800 range.
There’s no need to panic; this is just the usual leverage flushing and some profit-taking that is necessary for a healthy market after such a massive rally. As long as BTC holds its major support zone at $76,000, the overall structure remains stable.
If anyone is looking to take an entry, don't rush into it all at once; accumulating on the dip will be a much safer approach until it regains volume above $80,000."#BitcoinSpotETFEnds9DayInflowStreak #BTC @BTC -
