๐ช๐ถ๐น๐น $BTC ๐ณ๐ฎ๐น๐น ๐ฑ๐ผ๐๐ป ๐๐ผ $๐ฒ๐ฌ, ๐ฌ๐ฌ๐ฌ ๐๐ผ๐ป๐ถ๐ด๐ต๐?
The chances of Bitcoin seem high falling to $60,000 tonight based on the current market outlook. Bitcoin is trading around $65,000 as it recently broke past resistance levels, creating optimism for an upward trend. Analysts note that reaching $70,000 is the next milestone if momentum continues, while support is now seen at $65,000. If Bitcoin breaks below this level, a short-term decline could occur, but reaching as low as $60,000 is not widely expected tonight.
Long-term holders selling could cause minor price corrections, though major declines would likely require broader shifts in economic or regulatory conditions, such as changes in interest rates or U.S. policy, which are currently seen as favorable for Bitcoin's stability and potential growth through the end of 2024.
Thus, while a dip below $65,000 is possible, the broader market sentiment doesn't currently suggest a sudden drop to $60,000 tonight.
#USJoblessClaimsDip #BTCETFDemandSurge #CryptoPreUSElection #BTC67KRebound #TetherUnderInvestigation
