Bitcoin didn’t hold $79K: preparing for a new shakeout?
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Bitcoin has once again pulled back from the $79K zone and completely absorbed the previous upswing. As long as the price is below $78.5K, there is a local risk of a test of $76K and $75–74K, but the medium-term structure remains bullish for me. The key point is not to confuse local volatility with a change in the market’s main direction: the Fed meeting is ahead, quarterly derivatives expiration, and a vote on the Clarity Act.
$BTC #BTC
If this review was useful — support the video 👍 and subscribe to the channel.
Bitcoin has once again pulled back from the $79K zone and completely absorbed the previous upswing. As long as the price is below $78.5K, there is a local risk of a test of $76K and $75–74K, but the medium-term structure remains bullish for me. The key point is not to confuse local volatility with a change in the market’s main direction: the Fed meeting is ahead, quarterly derivatives expiration, and a vote on the Clarity Act.
$BTC #BTC