Bitcoin dey hold ground for $117.5K as dem Altcoins dey fall back
Bitcoin dey hold steady for around $117,500 after e dip small by 0.24% for 24 hours, show say e dey low volatility and market dey balance. According to CoinStats, most of di daily ATR don use, and price dey trade inside small channel for both hourly and daily charts. Traders need watch for candle wey no get long wick wen e close as breakout sign. Meanwhile, top 10 altcoins don enter red zone because mixed macroeconomic and regulatory factors. Analysts dey expect say e go just dey sideways till mid-July, with clear breakout fit push Bitcoin to new all-time high if daily bars no get long wicks wen dem close. Risk management still important, so make una dey watch key resistance levels and ready for changes for volatility when new catalysts show.
Neutral
Bitcoin price around $117,500 dey show say buying and selling pressure balanced well plus volatility no too much, e mean say no clear trend for short term. The wider drop for top 10 altcoins side-by-side with mixed macroeconomic and regulatory wahala still dey show market neutral well. If breakout happen, e fit make price run bullish go new highs if daily candlestick close without long wicks, but as e be now, range-bound trading dey more likely. Traders make dem focus on risk management and dey watch for volatility changes when any new catalyst show.