$BTC SELLERS STILL IN CONTROL - CAN IT HOLD $58K SUPPORT? đ§
The drop toward $58K brought buyers in, but every recovery attempt gets sold into hard. That tells me the bears haven't let go yet.
Momentum is weak on the hourly - each bounce prints lower highs. If this support fails, we could see a leg down to the $50K area before any real reversal. Hold it, and $65K becomes the next magnet.
Where do you think Bitcoin's headed next? Back to $65K or a sweep of $50K first?
Not financial advice. Always manage your risk.
#BTC #Bitcoin #BearsInControl #SupportTest #Crypto
âĄ
The drop toward $58K brought buyers in, but every recovery attempt gets sold into hard. That tells me the bears haven't let go yet.
Momentum is weak on the hourly - each bounce prints lower highs. If this support fails, we could see a leg down to the $50K area before any real reversal. Hold it, and $65K becomes the next magnet.
Where do you think Bitcoin's headed next? Back to $65K or a sweep of $50K first?
Not financial advice. Always manage your risk.
#BTC #Bitcoin #BearsInControl #SupportTest #Crypto
âĄ