Crypto Daily – (BTC) maintains its position above $67,000 despite a brief dip to the $65,000 range in the past 24 hours and is currently trading in the $67,000 level. Major altcoins such as , , and have experienced declines over the past 24 hours.
Bitcoin has faced a volatile week ranging between two important levels – $65,000 and $69,000. BTC has been on a downward trajectory after failing to break above the $70,000 level on Monday, with major altcoins following its lead.
Despite price fluctuations sending BTC slip below $65,000 before recovering, Bitcoin appears to be stabilizing. Pauline Shangett, CMO at ChangeNOW, commented:
“Despite a volatile week, Bitcoin appears to be entering a stabilization phase. Market sentiment has improved, and indicators suggest that traders are comfortably in an accumulation period.”
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