Right now $BTC is trading around $66Kâ$71K range, showing signs of both fear and resilience in the market. After a recent plunge below key levels, Bitcoin dipped as low as near $60K before buyers stepped in to push it back up. This kind of chop is where traders get opportunities on both sides â long or scalp trades. ïżœ
Forbes +1
đ Current Market Sentiment:
âą Overall sentiment remains in âExtreme Fearâ historically a contrarian opportunity if BTC starts to hold support. ïżœ
âą Volatility still high, meaning potential for fast moves in either direction.
âą Institutional flows remain cautious, ETF outflows adding short-term pressure. ïżœ
CoinMarketCap
CoinMarketCap
đ„ Why This Matters for You as a Trader:
When BTC moves this way, short-term setups form fastŰ like range bounces, breakouts, and pullbacks. Traders paying attention to key levels can find quick entries before big moves.
â ïž What to Watch in the Next Few Hours:
đ If BTC holds above current support and breaks above recent high â short-term bullish continuation.
đ If $BTC fails to hold support and sellers take control â sharp pullback to lower levels.
đ Tell us your bias, will BTC break higher or pull back first?
Comment: UP đ or DOWN đ

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