Sentiment: The Fear & Greed Index is currently sitting at 60 (Greed).
My Take:
BTC might retest the $85K level today, but a clean breakout above $85K is essential for the next major leg up. Keep a close eye on this Wednesday’s CPI data, as it could act as a key catalyst for market movement.
Are you Bullish or Bearish on BTC today? Let me know your thoughts in the comments below
Sentiment: The Fear & Greed Index is currently sitting at 60 (Greed).
My Take:
BTC might retest the $85K level today, but a clean breakout above $85K is essential for the next major leg up. Keep a close eye on this Wednesday’s CPI data, as it could act as a key catalyst for market movement.
Are you Bullish or Bearish on BTC today? Let me know your thoughts in the comments belowrecovery! After dipping to around $80K last week, BTC has bounced back and is currently trading near $83,700 (+0.92%).
📊 Key Technical Levels:
Support: $82K – $80.5K
Resistance: $85K – $87K
Market Dynamics:
Liquidation: Over $16M in short liquidations in the last 24 hours as bears get squeezed.
Sentiment: The Fear & Greed Index is currently sitting at 60 (Greed). done
My Take:
BTC might retest the $85K level today, but a clean breakout above $85K is essential for the next major leg up. Keep a close eye on this Wednesday’s CPI data, as it could act as a key catalyst for market movement.
Are you Bullish or Bearish on BTC today? Let me know your thoughts in the comments below
Sentiment: The Fear & Greed Index is currently sitting at 60 (Greed).
My Take:
BTC might retest the $85K level today, but a clean breakout above $85K is essential for the next major leg up. Keep a close eye on this Wednesday’s CPI data, as it could act as a key catalyst for market movement.
Are you Bullish or Bearish on BTC today? Let me know your thoughts in the comments belowrecovery! After dipping to around $80K last week, BTC has bounced back and is currently trading near $83,700 (+0.92%).
📊 Key Technical Levels:
Support: $82K – $80.5K
Resistance: $85K – $87K
Market Dynamics:
Liquidation: Over $16M in short liquidations in the last 24 hours as bears get squeezed.
Sentiment: The Fear & Greed Index is currently sitting at 60 (Greed). done