Well, here we are, at the dawn of another weekend, and what do we find? The coins, they’re a-falling like autumn leaves, according to CoinStats. Ain’t that just the way of the world? 🍂
BTC/USD
Now, let’s talk about our old friend Bitcoin (BTC). It’s taken a little tumble, down by 0.11% over the last 24 hours. Not the end of the world, but it’s enough to make a man scratch his head and wonder what the market’s been up to. 🤔
On the hourly chart, BTC is hovering around the local support of $104,834. If it doesn’t bounce back by the end of the day, we might see it test the $104,000 mark. But who knows? The market’s as unpredictable as a politician’s promise. 🤷♂️
Looking at the bigger picture, the bulls tried to make a run for it after a bullish bar closure, but they couldn’t hold the line. It’s like trying to keep a balloon in the air with a pin in the room. 🎈
From another angle, the main crypto’s rate is far from the main levels, which means any sharp ups or downs are unlikely to happen by the end of the week. It’s like a lazy river, meandering along without much of a rush. 🌊
From a midterm perspective, the picture is much the same. The rate is in the middle of a wide channel, between the support of $100,764 and the resistance of $112,000. The volume is going down, which means we’re likely to see more of the same sideways trading around the current prices. It’s a bit like watching paint dry, but hey, at least it’s something. 🎨
At press time, Bitcoin is trading at $105,056. So, there you have it. Another day, another dollar—or in this case, another Bitcoin. 🤑
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2025-06-14 17:54