🎢 BITCOIN GIVES US A LESSON: RETREAT TO $87,600 📉⚠️
Nothing rises in a straight line! After touching $90k, Bitcoin has decided to take a breather and return to $87,600. If you're getting scared now, it's because you weren't paying attention to what we discussed an hour ago about the FED.
Why is it falling?
Profit Taking: Many traders had automatic sell orders right at $90,000. When the target was hit, a cascade of sales was triggered that the market is absorbing right now.
Fear of the FED: The Polymarket data we saw (76% probability of a pause) is weighing in. The market is "cleaning out" those who leveraged too much up, expecting $100k immediately.
Looking for Liquidity: The price usually returns to areas where there were previous liquidations (like $86k-$87k) to confirm that there are real buyers there before continuing to rise.
💡 My take: This retreat is HEALTHY. A Bitcoin that only rises is a bubble; a Bitcoin that retreats to test supports is a solid upward trend. As long as we remain above $86,500, the structure remains bullish.
📢 Question: Are you selling out of fear or putting in buy orders at this discount? Diamonds are formed under pressure! 👇
