$BTW IS STILL UNDER HEAVY SELLING PRESSURE.
BTW has fallen from around $2.60 to $1.48 before bouncing to $1.70. That is a serious correction after the massive pump.
The important thing now is whether this bounce can hold or sellers will take control again.
I’m watching the $1.80–$2.00 zone. If price gets rejected there, another move toward $1.50 and potentially $1.00 could follow. But if BTW reclaims $2.00 and holds above it, the bearish setup weakens.
Don’t mistake a relief bounce for a trend reversal. After a move like this, protecting capital matters more than chasing quick profits.
This is my market view, not a guaranteed outcome. DYOR.
BTW has fallen from around $2.60 to $1.48 before bouncing to $1.70. That is a serious correction after the massive pump.
The important thing now is whether this bounce can hold or sellers will take control again.
I’m watching the $1.80–$2.00 zone. If price gets rejected there, another move toward $1.50 and potentially $1.00 could follow. But if BTW reclaims $2.00 and holds above it, the bearish setup weakens.
Don’t mistake a relief bounce for a trend reversal. After a move like this, protecting capital matters more than chasing quick profits.
This is my market view, not a guaranteed outcome. DYOR.