BTC Dips to $85K Before Bouncing Back to $88K Bitcoin’s price saw significant volatility following the announcement of the U.S. BTC reserve. The price briefly dipped to $85,000, but quickly rebounded to $88,000, sparking renewed optimism.
— Traders have identified a descending wedge, a pattern that often signals an upcoming price breakout.
— The U.S. officially
referred to Bitcoin as "digital gold", reinforcing long-term bullish sentiment.
— The Washington crypto summit could bring major announcements regarding Bitcoin and institutional adoption.
However, if expectations aren’t met, we might see another wave of volatility.
☝️ Your crypto hub │ BybitCRYPTO JOKER 👉🏻 SUBSCRIBE