CRYPTO MARKET UPDATE Bitcoin is currently hovering around $84K after a dip from $87K. Here’s the scoop: • BTC ETFs have seen inflows for 6 consecutive days • A whopping $2.8B has flowed in during this period • $83K is a crucial support level • We need to reclaim the $85K–$85.2K range • $87K is still the key breakout point • We’re feeling the macro pressure from rising US yields What’s intriguing is that while the price is consolidating, institutional money keeps pouring in. I’m not jumping on any pumps right now. I’m keeping an eye on that $83K support and waiting for some confirmation. If Bitcoin can reclaim $85K, the bulls will have another shot. But if $83K doesn’t hold, we might see more pressure on altcoins. So, are you buying in now or holding onto your cash? 👀 #Bitcoin #BTC #Crypto #Altcoins
Meme Watch BabyDoge(Fan Account)Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.