Positive comments from the US Treasury Secretary on crypto and macroeconomic data will be influential. I expect potential volatility with an upward trend in Bitcoin next week. Prices have recovered from $60,000 to approach the $66,000-$71,000 range; although ETF flows have slowed, institutional support remains strong. Short-term: The $71,000 resistance is critical. Support at $65,000. If it stays above $65,000, a test of $72,000-$74,000 is possible; if it falls below, a pullback to $60,000. #Bitcoin $BTC #Crypto
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What will happen to Bitcoin next week?
Positive comments from the US Treasury Secretary on crypto and macroeconomic data will be influential. I expect potential volatility with an upward trend in Bitcoin next week.
Prices have recovered from $60,000 to approach the $66,000-$71,000 range; although ETF flows have slowed, institutional support remains strong.
Short-term: The $71,000 resistance is critical. Support at $65,000.
If it stays above $65,000, a test of $72,000-$74,000 is possible; if it falls below, a pullback to $60,000.
#Bitcoin $BTC #Crypto