#SECToClarifyOnChainFundraisingRules ๐ My take on BTC: Why Iโm staying cautious at 83,528 $
After briefly testing the 85,200 area, Bitcoin ($BTC) is currently stabilizing around 83,528 $ (+0.26 %).
Even if much of the market remains very optimistic, Iโd rather be among the 39% of cautious traders (bearish in the short term). The net rejection at the big 85k resistance shows that sellers still control this key zone.
A healthy correction or a consolidation phase is entirely possible before building a real push toward new highs. In the meantime, itโs altcoins like MOVR that are surprising us! ๐
And youโdo you buy this price level or are you waiting for a lower pullback? Share your thoughts! ๐
#BTC #Bitcoin #CryptoMarket #Trading #BinanceSquare #Bearish
After briefly testing the 85,200 area, Bitcoin ($BTC) is currently stabilizing around 83,528 $ (+0.26 %).
Even if much of the market remains very optimistic, Iโd rather be among the 39% of cautious traders (bearish in the short term). The net rejection at the big 85k resistance shows that sellers still control this key zone.
A healthy correction or a consolidation phase is entirely possible before building a real push toward new highs. In the meantime, itโs altcoins like MOVR that are surprising us! ๐
And youโdo you buy this price level or are you waiting for a lower pullback? Share your thoughts! ๐
#BTC #Bitcoin #CryptoMarket #Trading #BinanceSquare #Bearish