Solid breakdown. RSI bounce + ETF tailwind looks promising, but holding $85k support is the real test. Watching closely 👀📊
Sasha why NOT
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တက်ရိပ်ရှိသည်
🔥 #Bitcoin : a cautious rebound, eyes on what’s next
$BTC is up 0.78% in 24h → $87,230. The move was muted, but it delivered several important signals.
📈 Technicals RSI has exited oversold territory, triggering short-term buying. A bounce from key supports is in place, but MACD remains bearish and major resistance lies ahead.
🏦 ETFs — a constructive tailwind The SEC streamlined the crypto ETF approval process (down to ~75 days). This is not a short-term pump, but a structural positive for future institutional inflows.
⚖️ Regulation without panic The SEC lawsuit against a mining-related project was treated as an isolated case rather than a systemic threat. Price action confirmed the market’s calm reaction.
🔍 What’s next — Holding $85k is critical — A break above $89.3k could signal a short-term momentum shift — ETF efficiency and macro dynamics are likely to matter more in the coming weeks
⚡️ The market isn’t rushing, but the groundwork for the next move is quietly being built.