What Santiment Reveals About the Current Bull Run!
BTC sustained mentioned price level !!đ°đ°đ„ł
Bitcoin Rally Hits a Pause: Why?
The report points to a burst of bullish sentiment in the Bitcoin market on Tuesday. Its primary view is that the newly gained hype has slowed the pace of the present upward momentum in the market. On Monday, the opening price was $65,853. By the time of closing, it rose to $66,079.
Yesterday, it could not maintain the same momentum, although by the time of closing the price reached $67,066. Currently, the price stands at $67,522.
Bitcoin (BTC) is showing bullish momentum today, trading around $67,600 USDT with a slight rise of 0.77% over the last 24 hours. In the past week, BTC has surged by 7%, and over the past month, it's up by 11%, reflecting strong performance.
The market sentiment is leaning towards a buy signal, as indicated by technical analysis across various time frames, especially in the short and medium termâ
bottoms are forming in the $50K â $59K range based on high social media mentions, while tops are appearing in the $70K â $79K range.
