- Bitcoin’s support levels at $66K, $65K, $63K, and $60K are crucial; dropping below them may indicate more bearish trends.
- The analyst warns of potential manipulation in Solana, stressing the need for caution and thorough research before trading.
- The upcoming FOMC meeting may cause significant market volatility, urging traders to stay informed and understand range trading.
The crypto market is currently experiencing volatility and related events, where Bitcoin plays a dominant role, as stated by a top cryptocurrency analyst in a recent YouTube video. The video presents possibilities of a reversal of the existing trend within the markets, whereby Bitcoin remains stagnant in its attempt to hit new highs as the stock market soars to new levels.
According to the analyst, key support levels for Bitcoin include $66,000, $65,000, $63,000, and $60,000. A drop below these levels would signal further bearishness, urging traders to exercise caution. Bitcoin’s price currently sits at $67,344.31, down 0.47% in the past day and 5.16% over the past week.
The analyst also advises the need to be careful if the price of Bitcoin surges and then drops below these support level…
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