🚨Bitcoin's Frightening Weekend: Dropped Below $94,000, Is a Trillion-Dollar Market About to Explode? 🔥
Bitcoin experienced a slight retreat over the weekend, falling from $97,895 to below the $94,000 mark. Despite low trading volume, bulls are holding onto $94,000, preventing a drop below the critical $95,000 level 🙌. This price action has led many to exclaim: "The bulls haven't surrendered yet, but they are starting to retreat." The market in the new week will focus on CME gaps, the Federal Reserve meeting minutes 📉, and Coinbase's balance sheet 📊.
Currently, $95,000 is a crucial psychological and technical threshold. If this level is reclaimed, there is potential to challenge $98,000 📈; however, if it drops to the gap between $91,700 and $92,500 🕳️, it may trigger a strong rebound ⚡. There are also gaps between $96,400 and $97,600, and filling these gaps may determine the short-term trend. In summary, the market is tense, with opportunities and risks coexisting 💥!
Do you believe in an upward breakout or a downward rebound? 🤔