$BTC
Golden zone holding… for now.
The flush into 65k delivered exactly what the market needed: panic, long liquidations, and forced selling. Since then, price has stopped trending aggressively down and started building a base around the level we’ve been watching for weeks.
Important detail: This is still not confirmed bullish structure.
As long as BTC remains below key reclaim levels, this rebound can still be nothing more than a corrective bounce before continuation lower.
But if buyers keep defending this zone and shorts become overcrowded, a squeeze back into higher liquidity is very possible.
65k was the level of interest. Now we watch the reaction.
Patience > emotions.
#writetoearn #Write2Earn
Golden zone holding… for now.
The flush into 65k delivered exactly what the market needed: panic, long liquidations, and forced selling. Since then, price has stopped trending aggressively down and started building a base around the level we’ve been watching for weeks.
Important detail: This is still not confirmed bullish structure.
As long as BTC remains below key reclaim levels, this rebound can still be nothing more than a corrective bounce before continuation lower.
But if buyers keep defending this zone and shorts become overcrowded, a squeeze back into higher liquidity is very possible.
65k was the level of interest. Now we watch the reaction.
Patience > emotions.
#writetoearn #Write2Earn