Bitcoin experienced a day of significant volatility, oscillating between bullish and bearish sentiments around the critical support level of $67,000. A decisive break below this point could see BTC testing the $65,000-$66,000 range. Conversely, a rebound here might pave the way for a higher low pattern, potentially setting the stage for an anticipated rally this October.
Adding to the intrigue, USDT dominance is also at a pivotal support level. An uptick in USDT could further weigh on Bitcoin’s price.
On a brighter note, there was a modest uptick in gaming tokens yesterday, indicating renewed user interest in the sector. Additionally, Avalanche has launched a VISA crypto card, enabling users to spend their crypto at Visa-accepting merchant outlets, marking a significant step toward mainstream adoption.
