Technical analysis and market structure.
Volatility is just the market breathing.
#Bitcoin took a quick wick down to $85,293 today, shaking out the over-leveraged positions, but look at that recovery. We are currently consolidating right around the mid-Bollinger band (~$86k).
When the bands start to squeeze like this after a drop, it usually signals that the market is deciding on the next big move. We are holding support, but I’m watching volume closely before adding to my position.
Patience pays more than panic. Are you buying this dip or waiting for a confirmed reversal? 👇
