🚨 FAKEOUT CONFIRMED? Bitcoin Just Played the Market 🚨
Yesterday was pure fear.
BTC and alts got slammed after the 4H structure broke and price lost $72.5K. Panic everywhere.
Fast forward to today — BOOM 💥
Bitcoin snaps back above $70K and suddenly the narrative flips.
Here’s what matters 👇
🔹 $72.5K is major HTF support
🔹 Price dipped below just long enough to flush late longs & trigger liquidations
🔹 Then came the violent reversal
That’s classic price action:
👉 Break support
👉 Wipe traders
👉 Reclaim & reverse
This is NOT a March 2020-type crash.
If BTC were truly heading to $55K, we wouldn’t see a bounce like this.
📊 My current read:
✅ Fakeout nearly confirmed
✅ Momentum shifting bullish
✅ Weekly close above $72.5K = bulls take control
I’m watching Sunday’s close very closely.
No trades yet — discipline over emotion.
But don’t get it twisted…
Bitcoin just reminded everyone who runs this market. 🐂🔥
#Bitcoin #BTC #CryptoMarket #PriceAction #Fakeout #BinanceSquare