Green morninggggg
$BTC is bouncing back toward $79K, but the real test is still ahead.
After dipping below $76K, Bitcoin is showing signs of short-term recovery. However, a bounce doesn't automatically mean the downtrend is over.
- Above $80K: A sustained breakout could signal improving bullish momentum.
- Around $76K–$77K: Losing this support zone could bring renewed selling pressure.
- ETF flows: Institutional demand remains mixed, with US spot Bitcoin ETFs recording net outflows again on Tuesday.
BTC is recovering despite continued ETF withdrawals. That makes the next few sessions particularly important.
Do you see this as the beginning of a recovery or another relief rally?
#bitcoin
$BTC is bouncing back toward $79K, but the real test is still ahead.
After dipping below $76K, Bitcoin is showing signs of short-term recovery. However, a bounce doesn't automatically mean the downtrend is over.
- Above $80K: A sustained breakout could signal improving bullish momentum.
- Around $76K–$77K: Losing this support zone could bring renewed selling pressure.
- ETF flows: Institutional demand remains mixed, with US spot Bitcoin ETFs recording net outflows again on Tuesday.
BTC is recovering despite continued ETF withdrawals. That makes the next few sessions particularly important.
Do you see this as the beginning of a recovery or another relief rally?
#bitcoin