Bitcoin Don Pass $116,000 Despite 1.84% Intraday Drop
Bitcoin sharply jump pass di $116,000 mark according to OKX data, hit $116,064.10 before e drop small 1.84% for di day. Di move wey reach pass $116,000 show say people still get interest for di market, but di drop show say di market dey waka small small around key resistance level. Traders should dey look volume pattern and support wey near $114,000 to see if market go settle or correction go continue. E fit remain dey waka between $114,000 and $118,000 till one strong breakout or breakdown show face.
Neutral
Wɛ́n Bitcoin climb pass $116,000, e mean sey people still dey bullish, but di sharp 1.84% fall na short-term profit-taking and say dem face resistance for important levels. History don show sey after this kind breakout, e usually steady small before e go flex again. As signals dey mixed—bullish breakout and also intraday decline—di overall thing stay neutral, e mean sey traders suppose dey watch for clear break pass $118,000 or fall below $114,000 to know the direction.