Does Bitcoin hold 65,000 dollars, or does it retest 62,000 first? 🤔
Bitcoin is near 65,000 dollars after bouncing off a 62,081 low on Sunday, with fear and greed at 10, ETF outflows at 1.91 billion dollars over seven sessions, and about 2 billion dollars of liquidations in a day, almost all of it longs. 📊 The levels are clean, 62,081 is the support that held once, and 65,980 is the resistance that has to break before the bounce becomes a recovery, while Monday brings the first ETF flow print after the weekend. My own view is that I do not guess the bottom, I let the level decide, and I would rather miss the first bounce than catch a falling knife with leverage in a market that keeps wiping out longs.
Your call, does 65,000 hold into Monday, or do we see 62,000 again first? 👉
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#Crypto #Bitcoin #FuturesTrading #TradingSignals #BitcoinPrice
Bitcoin is near 65,000 dollars after bouncing off a 62,081 low on Sunday, with fear and greed at 10, ETF outflows at 1.91 billion dollars over seven sessions, and about 2 billion dollars of liquidations in a day, almost all of it longs. 📊 The levels are clean, 62,081 is the support that held once, and 65,980 is the resistance that has to break before the bounce becomes a recovery, while Monday brings the first ETF flow print after the weekend. My own view is that I do not guess the bottom, I let the level decide, and I would rather miss the first bounce than catch a falling knife with leverage in a market that keeps wiping out longs.
Your call, does 65,000 hold into Monday, or do we see 62,000 again first? 👉
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #BitcoinPrice
