The “Bitcoin at $60,000” narrative is becoming louder and louder. Good.
At $81,200, the crowd was euphoric...
At $73,500, right inside two overlapping FVGs (MFVGs), those same voices are now calling for $60,000.
Fear = Liquidity: Smart Money needs retail panic to absorb its large spot positions between $73,500 and $74,000.
Late Shorts = Fuel: Traders shorting the bottom are accumulating exactly the stop-buy orders needed for the next squeeze, just as USDT.D gets rejected from its daily bearish OB at 7.25%.
The crowd always turns bearish when 90% of the drop is already behind us.
Now, late-arriving bears are about to fuel the squeeze that could send $BTC back above $80,000 and beyond.
#trading #BTC
At $81,200, the crowd was euphoric...
At $73,500, right inside two overlapping FVGs (MFVGs), those same voices are now calling for $60,000.
Fear = Liquidity: Smart Money needs retail panic to absorb its large spot positions between $73,500 and $74,000.
Late Shorts = Fuel: Traders shorting the bottom are accumulating exactly the stop-buy orders needed for the next squeeze, just as USDT.D gets rejected from its daily bearish OB at 7.25%.
The crowd always turns bearish when 90% of the drop is already behind us.
Now, late-arriving bears are about to fuel the squeeze that could send $BTC back above $80,000 and beyond.
#trading #BTC