Is the $69,000 Bitcoin bounce a "Dead Cat" or a "God Candle" in the making? 📈📉
The recovery is here! After dipping to $62k just days ago, BTC has roared back to $69,000, gaining 6.5% in 24 hours. But here is the shocker: The Fear & Greed Index is still at 11 (Extreme Fear). This is the widest gap between price and sentiment we’ve seen in years!
$BTC : Facing a massive "Final Boss" resistance at $70,000–$70,500.
Institutional Flow: Spot ETFs just saw $506M in net inflows—the highest in three weeks.
Insight: When the price goes up but everyone is still scared, it usually means the "weak hands" have already sold.
Opinion: Bullish. If we flip $70k into support, the path to a new All-Time High is wide open.
🚀 Are you buying the breakout or waiting for one more dip? Let’s talk below!