$BTC What will Bitcoin do in the next week?*
Bitcoin is standing at a very crucial point right now. There has been uncertainty in the market for the last few days, but a big move is expected in the next week.
If BTC holds the $67,000 level strongly, then we can see a rally towards $70,000 to $72,000. Institutional buyers are becoming active again and inflow in ETFs is increasing, which is a positive sign.
On the other hand, if Bitcoin closes below $66,500, then we can see a correction towards $63,000 in the next week. The Fed meeting and pressure from the global market will play an important role this week.
According to me, next week is more likely to start sideways and then move upwards, but avoid leverage and definitely use a stop loss.
This is not financial advice, just my personal opinion.$BTC
Bitcoin is standing at a very crucial point right now. There has been uncertainty in the market for the last few days, but a big move is expected in the next week.
If BTC holds the $67,000 level strongly, then we can see a rally towards $70,000 to $72,000. Institutional buyers are becoming active again and inflow in ETFs is increasing, which is a positive sign.
On the other hand, if Bitcoin closes below $66,500, then we can see a correction towards $63,000 in the next week. The Fed meeting and pressure from the global market will play an important role this week.
According to me, next week is more likely to start sideways and then move upwards, but avoid leverage and definitely use a stop loss.
This is not financial advice, just my personal opinion.$BTC