Bitcoin Is Recovering, But Can Bulls Hold the Momentum? đ
$BTC recently rebounded toward the $82,450 area, but its weekly performance remained negative.
This is why I never judge a market by one green candle.
Here are three things Iâm watching:
đč Whether buyers can defend recent support
đč Whether volume confirms the recovery
đč Whether price can break above nearby resistance
A recovery becomes more convincing when price structure confirms it.
Question: Are you bullish on Bitcoin, or waiting for more confirmation?
#Bitcoin #BTC #CryptoMarket
$BTC recently rebounded toward the $82,450 area, but its weekly performance remained negative.
This is why I never judge a market by one green candle.
Here are three things Iâm watching:
đč Whether buyers can defend recent support
đč Whether volume confirms the recovery
đč Whether price can break above nearby resistance
A recovery becomes more convincing when price structure confirms it.
Question: Are you bullish on Bitcoin, or waiting for more confirmation?
#Bitcoin #BTC #CryptoMarket