Bitcoin is once again making traders' hearts race! After the February crash to $60,000, the market is trying to stabilize. What do we have today?
1️⃣ Liquidations and panic: In just one night, positions worth billions of dollars were liquidated in the market. This is a classic "cleansing" of the market from excess leverage.
2️⃣ Institutional interest: While retail investors panic, big players (BlackRock, MicroStrategy) continue to accumulate. Just in the last week, the "whales" bought more than 50,000 BTC.
3️⃣ Technical picture: The $60k level held strong as a concrete support. If we stay above, we expect a return to $70k-75k in the near future.
My strategy: I don't give in to FOMO, but I partially average down on the spot.
And how do you act during such volatility? Do you buy fear or wait for lower prices? Write in the comments! 👇 #Bitcoin #BTC #CryptoNews #Trading #BinanceSquare $BTC
