📊 Bitcoin at a Crossroads: Is $60k the Floor or a Trap?
The Fear & Greed Index has hit 15 (Extreme Fear) this week. While $BTC is struggling to reclaim the $70,000 level, seasoned traders know that "Extreme Fear" is often where the best entries are born.
Key Observations:
Support Zone: $60,000 - $63,000 (Major psychological and on-chain support).
Resistance: $72,500 (The "Wall" that needs to break for a bullish reversal).
The "Macro" Factor: Geopolitical tensions are keeping things "Risk-Off," but ETF inflows suggest institutional accumulation is quietly happening.
My Move: I am laddering buy orders in the $62k region. Fortune favors the patient, not the panicked. 🧘♂️