Why is nobody talking about Bitcoin's repeated failures to hold key levels as the real signal for its next move?
Traders keep FOMO buying $BTC at resistance only to watch their positions bleed as the market rejects higher prices yet again.
This latest rejection around 72k is a textbook case study. After the news-driven spike, selling pressure came in immediately with over 8 billion in liquidations across the board. $ETH dropped 18 percent from its local high in the same window, showing the whole market is still fragile. $BNB didn't escape either.
The on-chain picture matches the price action. Exchange inflows are rising, not falling, which usually precedes more downside. Mainstream calls for 100k ignore how every previous cycle had deeper corrections first.
Until that changes, expecting a clean breakout is just hopium.
Where do you think this goes from here?
#Bitcoin #BTCAnalysis #CryptoTrading
Traders keep FOMO buying $BTC at resistance only to watch their positions bleed as the market rejects higher prices yet again.
This latest rejection around 72k is a textbook case study. After the news-driven spike, selling pressure came in immediately with over 8 billion in liquidations across the board. $ETH dropped 18 percent from its local high in the same window, showing the whole market is still fragile. $BNB didn't escape either.
The on-chain picture matches the price action. Exchange inflows are rising, not falling, which usually precedes more downside. Mainstream calls for 100k ignore how every previous cycle had deeper corrections first.
Until that changes, expecting a clean breakout is just hopium.
Where do you think this goes from here?
#Bitcoin #BTCAnalysis #CryptoTrading