BTC is back at $79,500 โ Is the fear ending? ๐ฑ
BTC is at $79,500 โ Yesterday, it dropped to $75,700 and then bounced back up!
Fear & Greed Index: 34 โ Still in FEAR territory; it was 26 yesterday. This means people are still scared, but a little confidence is coming back.
RSI: 51 โ Completely neutral. Neither overbought nor oversold.
Key Levels:
Support: $75,600
Resistance: $80,000
My take:
As long as BTC doesnโt close above $80,000, this is just a recovery, not a trend change. But $75,600 has held twice, making it strong support.
There were more than $1B in ETF outflows, so big players are still waiting.
What do you think? Will BTC break $80,000 first, or head back down to $75,600?
Tell me in the comments ๐
#bitcoin #CryptoMarket #BTC
$BTC
$BNB
BTC is at $79,500 โ Yesterday, it dropped to $75,700 and then bounced back up!
Fear & Greed Index: 34 โ Still in FEAR territory; it was 26 yesterday. This means people are still scared, but a little confidence is coming back.
RSI: 51 โ Completely neutral. Neither overbought nor oversold.
Key Levels:
Support: $75,600
Resistance: $80,000
My take:
As long as BTC doesnโt close above $80,000, this is just a recovery, not a trend change. But $75,600 has held twice, making it strong support.
There were more than $1B in ETF outflows, so big players are still waiting.
What do you think? Will BTC break $80,000 first, or head back down to $75,600?
Tell me in the comments ๐
#bitcoin #CryptoMarket #BTC
$BTC
$BNB
