đš **BTCUSDT: DEAD CAT BOUNCE OR REAL BOTTOM?** đš
**Current Price: ~$69,200** (bouncing hard after that brutal dip to $60K earlier this week)
The bears threw everything at Bitcoin â 30%+ crash, capitulation vibes, everyone screaming "crypto winter 2026."
But guess what? BTC rejected lower lows and blasted back above $68Kâ$70K with strong volume.
**Bull Case (My Bias â LONG):**
- Extreme oversold readings cleared on daily/weekly
- Value investors stepping in heavy (on-chain data showing accumulation)
- Bernstein still calling $150K by end of 2026 â this pullback looks like the weakest bear case yet
Potential setup:
â Long above $70K
â Targets: $75K â $80K â $90K retest
â Stop below $65K
**Bear Case (SHORT if...):**
- Dead cat bounce into resistance
- Rejection at $72K could send us back to $60K or lower
â Short on failed breakout, target $62Kâ$65K
I'm leaning **BULLISH** here â dips like this are where legends buy. Who's loading the boat? đ
Whatâs your play â LONG or SHORT? Drop it below! đ
