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#BitcoinBouncesBack: Market is Back with a Surge! ๐
Bitcoin has once again shown its strength! ๐ After some days of stagnation, this bounce back of BTC indicates that the bulls are not tired yet.
What caused this bounce?
ETF Inflows: Continuous buying from major institutions.
Support Level: $60k-$62k zone with strong rejection pushing sellers back.
Confidence: Retail investors are now re-entering the market.
Whatโs the Next Target? ๐ฏ
Looking at the technical charts, $69,000 is a major resistance (resistance). If Bitcoin breaks this level, we could see a new All-Time High very soon!
My Advice:
Avoid buying out of FOMO (fear) right now, and instead adopt the "Buy the Dip" strategy. Patience is everything in crypto.
What do you think, friends? Will Bitcoin cross $70,000 this week or is this just a "Fakeout"? Share your opinions in the comments below! ๐
#Bitcoin #BTC #CryptoUpdate #Gateio