$BTC - Bitcoin $80,500 Cross - Is The Bottom IN? Or Is This A Bull Trap?
Bitcoin Reclaims $80,500 After Midterm Crash - Is The Bottom IN?
BTC fell to $75,618 after Democrats swept House + Senate.
Everyone panicked. ETF outflows hit $1.16B in 3 days. Sentiment fell to 0.51 - most bearish in weeks.
Then what happened?
BTC bounced +6.5% in hours and crossed $80,500 at Wall Street open. Classic "Sell the rumor, Buy the news."
BULLS Say: 50-Week SMA held perfectly. Next target $82,000 then $90,000 year-end.
BEARS Say: ETF outflows still continue, CLARITY Act dead till 2027, relief rally before $72k.
My Take: $82,000 is the real test. Hold above it = Bull market back. Fail = $75k retest.
What do YOU think? Bottom IN or Bull Trap?
Comment BULL or BEAR 👇
@Plasma #bitcoin #$BTC #crypto
Bitcoin Reclaims $80,500 After Midterm Crash - Is The Bottom IN?
BTC fell to $75,618 after Democrats swept House + Senate.
Everyone panicked. ETF outflows hit $1.16B in 3 days. Sentiment fell to 0.51 - most bearish in weeks.
Then what happened?
BTC bounced +6.5% in hours and crossed $80,500 at Wall Street open. Classic "Sell the rumor, Buy the news."
BULLS Say: 50-Week SMA held perfectly. Next target $82,000 then $90,000 year-end.
BEARS Say: ETF outflows still continue, CLARITY Act dead till 2027, relief rally before $72k.
My Take: $82,000 is the real test. Hold above it = Bull market back. Fail = $75k retest.
What do YOU think? Bottom IN or Bull Trap?
Comment BULL or BEAR 👇
@Plasma #bitcoin #$BTC #crypto
