The behavior of Bitcoin in the last three days has been a roller coaster of high volatility. An abrupt drop was recorded, driven by macroeconomic uncertainty and panic in the market, followed by a technical recovery, supported by the solid fundamental of the scarcity that characterizes the cryptocurrency.
BTC
70,319.21
+11.21%
The prediction for the next 24 hours is more volatility. A possible attempt to hold the key support level is likely, with a possible rebound, but in an overall environment of nervousness and indecision.
ETHUSDT
Perp
2,052.63
+9.56%
The fundamental advice is divided into two approaches:
BNBUSDT
Perp
655.68
+6.19%
· For the short-term trader: extreme caution, as the odds are against them.
· For the long-term investor: do not be swayed by panic. The value of Bitcoin is judged over years, not days, based on its quality as a deflationary asset.
In summary, the key is to keep a cool head and remember that patience is the mother of all fortunes.