Bitcoin's Rebound Run After Death Cross
Bitcoin has recently navigated a "death cross" on the charts. This period has seen long-term holders selling, while short-term players are accumulating. A significant macro data storm is also on the horizon, adding to market uncertainty. ️
Bitcoin currently finds itself at a critical juncture, positioned below the $90,000 mark. The market is assessing whether this signifies a potential rebound towards $96,000 or a catalyst for a deeper market correction. The upcoming data-dense macroeconomic week could significantly influence its trajectory through year-end.
Information is for market updates, not investment advice.
BTC
92,110.82
+1.27%