🚀 Bitcoin reclaims the key $61,000 zone! After a challenging period, $BTC has roared back to life, bouncing from its recent 21-month low of $57,750 to cross the $61,400 mark.
This explosive 7.3% short-term recovery was supercharged by a weak US jobs report and softening inflation worries, fueling hopes for a pause in aggressive rate hikes. With nearly $500 million in short positions liquidated, momentum is shifting.
Bulls are eyeing $62.8K resistance to lock in a "Green July". Keep your eyes on the Binance Spot Market to trade the breakout!
#BitcoinReboundsAbove$61K #CryptoNews #BTC #Trading
#BitcoinReboundsAbove$61K
This explosive 7.3% short-term recovery was supercharged by a weak US jobs report and softening inflation worries, fueling hopes for a pause in aggressive rate hikes. With nearly $500 million in short positions liquidated, momentum is shifting.
Bulls are eyeing $62.8K resistance to lock in a "Green July". Keep your eyes on the Binance Spot Market to trade the breakout!
#BitcoinReboundsAbove$61K #CryptoNews #BTC #Trading
#BitcoinReboundsAbove$61K