The markets are seeing a quick bounce in the last few hours, with the crypto market regaining around $75 billion in market cap after some positive geopolitical news regarding the end of tensions in the Strait of Hormuz.
$BTC has successfully bounced back from the $74,250 levels, surpassing the $76,400 barrier and getting close to the 50-day moving average at $77,000.
💡 This current bounce is driven by news momentum, so keep an eye on Bitcoin's daily close above $77K to confirm the continuation of this bullish trend.
NFA
$BTC
#Bitcoin #CryptoMarket #Trading #BİNANCESQUARE #TechnicalAnalysis
$BTC has successfully bounced back from the $74,250 levels, surpassing the $76,400 barrier and getting close to the 50-day moving average at $77,000.
💡 This current bounce is driven by news momentum, so keep an eye on Bitcoin's daily close above $77K to confirm the continuation of this bullish trend.
NFA
$BTC
#Bitcoin #CryptoMarket #Trading #BİNANCESQUARE #TechnicalAnalysis