#BTCNEWS📢📢📢
Bitcoin extended its recent pullback, falling to around $63,000 before rebounding toward the $65,000 level by Wednesday. Over the past 24 hours, price action has been volatile, with swings between $62,800 and $66,200.
If bulls can sustain momentum above $65,000, it may signal that the market has established a local bottom. At the same time, hedgers are increasing their exposure to protective instruments, reflecting heightened caution and risk management activity among investors
Bitcoin extended its recent pullback, falling to around $63,000 before rebounding toward the $65,000 level by Wednesday. Over the past 24 hours, price action has been volatile, with swings between $62,800 and $66,200.
If bulls can sustain momentum above $65,000, it may signal that the market has established a local bottom. At the same time, hedgers are increasing their exposure to protective instruments, reflecting heightened caution and risk management activity among investors