Bitcoin recently dipped below the $100,000 mark 💥, sparking some concern, but analysts see it as a temporary liquidity grab 🤔. The bounce back respects crucial support levels 🛡️ and points to a bullish flag pattern forming 🚩.
With the S&P 500 and Nasdaq at record highs 📈📊, positive geopolitical news 🌍, and no sustained trading below $100K, the crypto market looks optimistic 😊.
To keep this bullish momentum, any retracement should stay below 50% of the recent bounce 🔄. Year-on-year, Bitcoin remains up over 75% 🚀, supported by strong market sentiment 💪 and optimism around US-China trade talks 🤝.
Traders are watching closely 👀 for upcoming U.S. inflation data 📅, which could be the next major catalyst ⚡. No red flags yet — confidence in crypto remains high! 🔥
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