đ BITCOIN FIGHTS BACK! đ
After a brutal shakeout, $BITCOIN has rebounded hard, climbing from the $62,500 lows back to the $70,000 zone đȘ
đ This move flushed out over-leveraged longs, eased downside pressure, and reset the market for the next phase
đ Whatâs happening now?
âą $BTC is consolidating near $70K
âą Short positions were heavily stacked between $66Kâ$70K â and price pushed right into that zone
âą Dip buyers stepped in as forced selling faded
âą Market cap shows a slight recovery, but sentiment remains cautious
đ Levels to watch:
âą Support: $66,000 â $62,500
âą Resistance: $70,000 â $72,000
đš Fear is still high
Even after the bounce, extreme fear dominates the market. Bulls are cautious, macro uncertainty is in play, and interest rate outlooks are keeping traders on edge.
