🚨 Bitcoin between decline and rebound… Has the recovery begun?
After $BTC fell to $73,333, we saw a rapid rebound toward $75,600, along with a notable increase in trading volume.
📊 Key levels:
- Support: $74,400, then $73,333.
- Resistance: $75,700, then $76,200.
- A break above $76,200 could improve the chances of the recovery continuing.
- A drop back below $74,400 could bring selling pressure back.
🐋 The big question: Was the drop a shakeout of weak positions before a new rally, or is this rebound just a breather before another decline?
💬 Would you buy at these levels, or wait for a new bottom?
#BTC #Bitcoin
After $BTC fell to $73,333, we saw a rapid rebound toward $75,600, along with a notable increase in trading volume.
📊 Key levels:
- Support: $74,400, then $73,333.
- Resistance: $75,700, then $76,200.
- A break above $76,200 could improve the chances of the recovery continuing.
- A drop back below $74,400 could bring selling pressure back.
🐋 The big question: Was the drop a shakeout of weak positions before a new rally, or is this rebound just a breather before another decline?
💬 Would you buy at these levels, or wait for a new bottom?
#BTC #Bitcoin