$BTC
BTC's sitting around $83,600 right now, up a bit after bouncing off that $80,300 zone that tried to break down earlier this month. Still about 4% below its recent peak, so not fully recovered, but holding ground.
$87,000 is the level bulls want next, that's been a ceiling for a while. On the downside, $80,000 is the one to watch, lose that and things could get shaky fast.
Honestly the bigger story right now isn't the chart, it's the macro backdrop. Rising interest rates, Treasury yields sitting around 5.17%, and ETF inflows slowing down are making this a tougher month than Bitcoin's recent 90-day run would suggest. Analysts are split too, roughly even bullish versus bearish signals, so sentiment's genuinely neutral.
My take, don't expect fireworks this month. Sideways chop between $80K and $87K feels most likely unless the macro picture shifts.
BTC's sitting around $83,600 right now, up a bit after bouncing off that $80,300 zone that tried to break down earlier this month. Still about 4% below its recent peak, so not fully recovered, but holding ground.
$87,000 is the level bulls want next, that's been a ceiling for a while. On the downside, $80,000 is the one to watch, lose that and things could get shaky fast.
Honestly the bigger story right now isn't the chart, it's the macro backdrop. Rising interest rates, Treasury yields sitting around 5.17%, and ETF inflows slowing down are making this a tougher month than Bitcoin's recent 90-day run would suggest. Analysts are split too, roughly even bullish versus bearish signals, so sentiment's genuinely neutral.
My take, don't expect fireworks this month. Sideways chop between $80K and $87K feels most likely unless the macro picture shifts.