BTC’s 180-Day View is Rough, But Today is Green!
Oof! While today's +3.23% surge is a welcome sight, let's not forget the bigger picture. The chart data shows we're still down -16.33% over the last 180 days and a brutal -19.07% over 90 days.
This daily pop is a relief, but the journey to full recovery is far from over. The bulls are clearly fighting back to secure a higher low, but overhead resistance is coming! We need to see sustained buying volume (1.52B USDT in 24h is decent!) to flip that long-term trend. Is this a Dead Cat Bounce or a True Reversal?
BTCUSDT
Perp
90,234.5
-1.13%
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