Bitcoin is at a decision point, not a chasing point.
$BTC is trading around the 59K to 60K area, where buyers have defended support several times. As long as this zone holds, a recovery toward 62K to 64K remains possible. But if 58K breaks with strong selling volume, I would expect a move toward 56K before looking for fresh longs.
I would rather buy confirmed strength above 62K than guess the exact bottom. Missing the first few percent is cheaper than catching a falling knife.
In this market, patience is a position too. Are you buying the dip, or waiting for confirmation? $BTC
$BTC is trading around the 59K to 60K area, where buyers have defended support several times. As long as this zone holds, a recovery toward 62K to 64K remains possible. But if 58K breaks with strong selling volume, I would expect a move toward 56K before looking for fresh longs.
I would rather buy confirmed strength above 62K than guess the exact bottom. Missing the first few percent is cheaper than catching a falling knife.
In this market, patience is a position too. Are you buying the dip, or waiting for confirmation? $BTC