$BTC : Is the bull market losing strength?
Bitcoin's recent weakness puts two levels on my watchlist:
$64,200: Important support for the bullish outlook.
$57,700: Possible downside target if selling pressure continues.
I am not calling for a crash, but ignoring weakening momentum would be a mistake.
For now, I would rather wait for $BTC to defend support or reclaim resistance before considering a direction.
No need to chase a move without confirmation.
Would you buy a dip here or wait for a stronger recovery?
#Bitcoin #BTC
Bitcoin's recent weakness puts two levels on my watchlist:
$64,200: Important support for the bullish outlook.
$57,700: Possible downside target if selling pressure continues.
I am not calling for a crash, but ignoring weakening momentum would be a mistake.
For now, I would rather wait for $BTC to defend support or reclaim resistance before considering a direction.
No need to chase a move without confirmation.
Would you buy a dip here or wait for a stronger recovery?
#Bitcoin #BTC
