• bitcoinBitcoin (BTC) $ 71,618.00
  • ethereumEthereum (ETH) $ 2,185.13
  • tetherTether (USDT) $ 0.999757
  • bnbBNB (BNB) $ 648.16
  • xrpXRP (XRP) $ 1.43
  • usd-coinUSDC (USDC) $ 0.999841
  • solanaSolana (SOL) $ 92.88
  • tronTRON (TRX) $ 0.309659
  • staked-etherLido Staked Ether (STETH) $ 2,265.05
  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.03

Dead cat bounce to $118K? 5 things to know in Bitcoin this week

Bitcoin rebounded into the new week as bulls were challenged to squeeze out shorts and avoid filling the $102,000 candle wick on Binance.

🔗 Read Full Article

💡 DMK Insight

Bitcoin’s recent rebound is more than just a technical bounce; it’s a test of resolve for bulls who are now facing the dual challenge of pushing prices higher while keeping shorts at bay. The looming $102,000 candle wick on Binance serves as a haunting reminder of the volatility that can shake even the most steadfast investors. As traders navigate this tightrope, the market’s reaction could signal whether we’re in for a sustained rally or another round of profit-taking. In this game of cat and mouse, patience and strategy will be key.

📮 Takeaway

Watch for price action around the $102,000 wick; it could dictate the next trend.

Leave a Reply

Navigating Success Together

Place your Ad

Trending News

  • All Posts
  • Community
  • Crypto Markets
  • DeFi & Web3
  • DMK AI Summary
  • DMK Editorials
  • DMK Press Release
  • Forex News
  • NFT & Metaverse
  • Regulation & Security
  • Tech & Innovation
  • Top News

News Categories