📊 BTC is up a net 0.1% over the past 24 hours—but it first touched 84,898, then fell back to 82,891. What a roller-coaster ride.
The morning post was still saying “just one step away from 85k.” By noon, that step still hadn’t been taken—instead, BTC had dropped two grand from its high. ETH was flat at 2,445.
A daily spike and pullback don’t tell us much about the trend, but BTC definitely couldn’t break through the 85k barrier today. Are the bulls gathering strength for another push, or giving up for now? We’ll find out over the next couple of days.
What do you make of this pullback?
A. A normal retest before the next push
B. A failed breakout; time for a short-term breather
I’m going with A for now—I just said “one step away” this morning, so changing my tune already would be a bit embarrassing.
Not investment advice. DYOR
$BTC #Bitcoin #Crypto
The morning post was still saying “just one step away from 85k.” By noon, that step still hadn’t been taken—instead, BTC had dropped two grand from its high. ETH was flat at 2,445.
A daily spike and pullback don’t tell us much about the trend, but BTC definitely couldn’t break through the 85k barrier today. Are the bulls gathering strength for another push, or giving up for now? We’ll find out over the next couple of days.
What do you make of this pullback?
A. A normal retest before the next push
B. A failed breakout; time for a short-term breather
I’m going with A for now—I just said “one step away” this morning, so changing my tune already would be a bit embarrassing.
Not investment advice. DYOR
$BTC #Bitcoin #Crypto