Bitcoin has shown a strong recovery after the sharp decline in recent days, rising more than six percent in twenty-four hours and retesting the $67,000 level. Trump's recent statements, Nvidia's earnings report, and ETF inflows triggered this jump. The price briefly approached $70,000 but is currently stabilizing around $67,000. Analysts suggest that a break above the $70,000 resistance could open the door to a larger rally, but if it doesn't break, selling pressure may continue. The market capitalization is currently at $1.34 trillion. What do you think Bitcoin's next move will be?
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#BitcoinBouncesBack
Bitcoin has shown a strong recovery after the sharp decline in recent days, rising more than six percent in twenty-four hours and retesting the $67,000 level. Trump's recent statements, Nvidia's earnings report, and ETF inflows triggered this jump. The price briefly approached $70,000 but is currently stabilizing around $67,000. Analysts suggest that a break above the $70,000 resistance could open the door to a larger rally, but if it doesn't break, selling pressure may continue. The market capitalization is currently at $1.34 trillion.
What do you think Bitcoin's next move will be?