ThanksMeLater
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#bitcoin☀️ hit a new milestone yesterday, reaching $77k for the first time, sparking a surge of excitement across the crypto space. With altcoins gaining momentum and BlackRock's Bitcoin ETF surpassing gold in terms of market sentiment, optimism is palpable.
However, as with any rally, caution is needed. The next key level to watch is the $75.2k-$75k range. If Bitcoin finds solid support here, it could pave the way for a push towards $80k and potentially beyond. On the other hand, if this support fails, we may see a retracement back to the $68k-$70k range.
While the bullish news is compelling, be prepared for some volatility in the short term as the market finds its footing.
#ThanksMeLater
#bitcoin☀️ hit a new milestone yesterday, reaching $77k for the first time, sparking a surge of excitement across the crypto space. With altcoins gaining momentum and BlackRock's Bitcoin ETF surpassing gold in terms of market sentiment, optimism is palpable.
However, as with any rally, caution is needed. The next key level to watch is the $75.2k-$75k range. If Bitcoin finds solid support here, it could pave the way for a push towards $80k and potentially beyond. On the other hand, if this support fails, we may see a retracement back to the $68k-$70k range.
While the bullish news is compelling, be prepared for some volatility in the short term as the market finds its footing.
#ThanksMeLater
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