$BTC currently priced at $63,010, with a 24h slight dip of 0.26%, but down 17% over the past 14 days, falling from the 76k to the 62k range.
The fear index has dropped to 8—extreme fear. How many times has this occurred in history? Each time, it has marked a bottoming phase.
The good news is: after a brief dip below 60k last Friday, we quickly bounced back, and by Sunday to Monday, we were back at 63k. Coinbase strategists say institutions haven't fled; instead, they are buying the dip. SpaceX's IPO has sucked liquidity out + Standard Chartered has lowered its target to 50k, and the sentiment is now extremely bearish.
Volume surged around the 60k mark—there's been sufficient turnover. The 60k level has been strong support for the past 3 months. If it holds, the next stop is 68k-70k; breaking below 60k could lead us down to 55k.
Extreme fear + high volume turnover = a position worth keeping an eye on.
#极度恐惧定投机会 #加密货币全线拉升 #BTC
The fear index has dropped to 8—extreme fear. How many times has this occurred in history? Each time, it has marked a bottoming phase.
The good news is: after a brief dip below 60k last Friday, we quickly bounced back, and by Sunday to Monday, we were back at 63k. Coinbase strategists say institutions haven't fled; instead, they are buying the dip. SpaceX's IPO has sucked liquidity out + Standard Chartered has lowered its target to 50k, and the sentiment is now extremely bearish.
Volume surged around the 60k mark—there's been sufficient turnover. The 60k level has been strong support for the past 3 months. If it holds, the next stop is 68k-70k; breaking below 60k could lead us down to 55k.
Extreme fear + high volume turnover = a position worth keeping an eye on.
#极度恐惧定投机会 #加密货币全线拉升 #BTC