Bitcoin Update: Is the Bulls' Engine Restarting?
After a volatile few weeks, Bitcoin ($BTC) is showing signs of resilience! 💎 Following a dip earlier this month, we are seeing a steady intraday recovery, with prices currently hovering around the ₹61.2 Lakh (approx. $73,500) mark.
📊 Market Snapshot:
The Recovery: BTC has seen a ~1.5% climb in the last few hours, suggesting that buyers are stepping in to defend key support levels.
Momentum: While we are down from the January highs of ₹86 Lakh+, the current consolidation phase is crucial for building the base of the next major leg up.
Watch Out For: Keep a close eye on trading volume—a sustained break above immediate resistance could signal a return to the "moon" mission.
💡 Strategy Check:
Are you "Buying the Dip," or waiting for a more confirmed breakout? Remember, in a volatile market, patience is often the most profitable trade.
What’s your price prediction for the end of February? Let’s discuss in the comments! 👇
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