$BTC

BTC

70,308.93

-0.81%

Reclaims $71K: A Dead Cat Bounce or the Start of a Macro Recovery? 📈🚀

Analysis:
Bitcoin is testing the $71,500 level after a brutal week of liquidations that briefly touched $60,000. While the Fear & Greed Index remains in "Extreme Fear" (below 10), we are seeing a bullish divergence on the 4H chart. Institutional ETF inflows have slowed to $689M outflows, but bargain hunters are stepping in on rumors of a U.S. Strategic Bitcoin Reserve.

Entry Zone: $69,500 – $71,000

Take Profit: $79,500 (Major Resistance) | $87,900 (2026 Yearly Pivot)

Stop Loss: $66,800

Sentiment: Fragile Rebound.

CTA: Are you buying the dip or waiting for a retest of $60k? Let’s talk below! #BTC #BitcoinAnalysis #Write2Earn