Bitcoin has once again shown its strength! 📈 After some days of stagnation, this bounce back of BTC indicates that the bulls are not tired yet. What caused this bounce? ETF Inflows: Continuous buying from major institutions. Support Level: $60k-$62k zone with strong rejection pushing sellers back. Confidence: Retail investors are now re-entering the market. What’s the Next Target? 🎯 Looking at the technical charts, $69,000 is a major resistance (resistance). If Bitcoin breaks this level, we could see a new All-Time High very soon! My Advice: Avoid buying out of FOMO (fear) right now, and instead adopt the "Buy the Dip" strategy. Patience is everything in crypto. What do you think, friends? Will Bitcoin cross $70,000 this week or is this just a "Fakeout"? Share your opinions in the comments below! 👇 #Bitcoin #BTC #CryptoUpdate #Gateio
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
13 Likes
Reward
13
15
Repost
Share
Comment
0/400
Crypto_Buzz_with_Alex
· 59m ago
thank you for sharing such kind of information and happy lunar new year of the horse.
#BitcoinBouncesBack: Market is Back with a Surge! 🚀
Bitcoin has once again shown its strength! 📈 After some days of stagnation, this bounce back of BTC indicates that the bulls are not tired yet.
What caused this bounce?
ETF Inflows: Continuous buying from major institutions.
Support Level: $60k-$62k zone with strong rejection pushing sellers back.
Confidence: Retail investors are now re-entering the market.
What’s the Next Target? 🎯
Looking at the technical charts, $69,000 is a major resistance (resistance). If Bitcoin breaks this level, we could see a new All-Time High very soon!
My Advice:
Avoid buying out of FOMO (fear) right now, and instead adopt the "Buy the Dip" strategy. Patience is everything in crypto.
What do you think, friends? Will Bitcoin cross $70,000 this week or is this just a "Fakeout"? Share your opinions in the comments below! 👇
#Bitcoin #BTC #CryptoUpdate #Gateio