My thesis on $BTC ... 👀
I'm expecting $BTC to get a relief bounce from this zone, although the ongoing bearish news could still affect the move.
I'm not particularly interested in longing BTC here. My focus is more on ALTs, because if BTC manages to recover and regain momentum, I believe we could see some serious moves across the altcoin market.
On the chart, I'm watching the $67K–$69K area closely. A recovery could bring $75K and then $86.7K back into focus, with the $92K–$96K region as a bigger upside target.
Of course, if BTC loses this support and breaks below $63.8K, the bullish recovery idea needs to be reconsidered.
For now, patience is key. I'm watching BTC for direction while keeping my eyes on potential ALT opportunities.
Let's see how the market plays out. 👀
#BTC #Bitcoin #Altcoins #Crypto
I'm expecting $BTC to get a relief bounce from this zone, although the ongoing bearish news could still affect the move.
I'm not particularly interested in longing BTC here. My focus is more on ALTs, because if BTC manages to recover and regain momentum, I believe we could see some serious moves across the altcoin market.
On the chart, I'm watching the $67K–$69K area closely. A recovery could bring $75K and then $86.7K back into focus, with the $92K–$96K region as a bigger upside target.
Of course, if BTC loses this support and breaks below $63.8K, the bullish recovery idea needs to be reconsidered.
For now, patience is key. I'm watching BTC for direction while keeping my eyes on potential ALT opportunities.
Let's see how the market plays out. 👀
#BTC #Bitcoin #Altcoins #Crypto