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Bitcoin's current price is in the range of $60,300 (approximately Rp960 million to Rp1.07 billion) per coin, experiencing selling pressure and struggling to hold the key $60,000 level. The crypto market is in a weakening trend due to global interest rate concerns and outflows from spot ETFs.
Pluang
+1
Here is a summary of the current Bitcoin market conditions:
Price Action: The price is fluctuating slightly in the $60,200 - $60,300 zone, with relatively high volatility in recent weeks.
TradingView
+2
Market Sentiment: The overall technical trend is under pressure (bearish) in the short term. This is driven by the hawkish stance of the US central bank (The Fed) holding interest rates, causing investors to shift to other assets such as AI sector stocks.
Pluang
+1
Institutional Fund Flow: There has been consistent fund outflow from spot Bitcoin ETFs for several consecutive weeks, triggering pressure on the price.
Instagram
·metrotv
On-Chain Activity: There has been a phenomenon of large-scale liquidation of leveraged positions amid macroeconomic uncertainty.
YouTube
·KONTAN TV
To monitor price movements in real-time and view live charts, you can access platforms like TradingView BTC/USD or view the live chart on Tokocrypto. For those of you transacting using Rupiah,
#SKHynixTopsKOSPIByMarketCap
#PredictWorldCupShare20000U