Bitcoin has performed quite actively this week. It retreated due to a lack of volume during its rise toward the psychological $70,000 mark and experienced an unstable trend throughout the week, falling to $66,000. Positive signs such as BlackRock’s institutional interest are supportive for BTC, but market volatility remains high. The potential global credit crisis mentioned by Arthur Hayes, combined with the Fed’s possible money printing, could lead to upward movements in Bitcoin’s price. However, the critical support level of $66,000 must be maintained for now. A decline below this level could bring the $60,000 range into focus.
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Discovery
· 1h ago
To The Moon 🌕
Reply0
MrFlower_XingChen
· 12h ago
To The Moon 🌕
Reply1
ybaser
· 13h ago
Wishing you great wealth in the Year of the Horse 🐴
Reply1
Surrealist5N1K
· 14h ago
Thank you for the information and for sharing it 🙏🏻💜✨
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EagleEye
· 02-21 11:47
"Year of the Horse Wealth Score"
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HighAmbition
· 02-21 08:33
Year of the horse Wealth Score
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FenerliBaba
· 02-21 08:09
Good luck
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Ryakpanda
· 02-21 08:09
Wishing you great wealth in the Year of the Horse 🐴
#我在Gate广场过新年
Bitcoin has performed quite actively this week. It retreated due to a lack of volume during its rise toward the psychological $70,000 mark and experienced an unstable trend throughout the week, falling to $66,000. Positive signs such as BlackRock’s institutional interest are supportive for BTC, but market volatility remains high. The potential global credit crisis mentioned by Arthur Hayes, combined with the Fed’s possible money printing, could lead to upward movements in Bitcoin’s price. However, the critical support level of $66,000 must be maintained for now. A decline below this level could bring the $60,000 range into focus.