*Learning the art of patience in crypto. Limit Sell placed at $82,900 - Small profit, but safe trading is the real win. Not financial advice, just my journey*.📈 #BTC #CryptoTrading #Binance
Bitcoin is under pressure today because of #CPIWatch, US inflation came higher at 3% and after that #BitcoinCrash happened below $96k with over $1B liquidations. But smart money is buying this fear, today #StriveBuys3311BTCFor$280M at $84k average, showing big players are accumulating not selling.
This kind of panic + big buying has always been the recipe for a strong bounce in Bitcoin history.
✨ Last week ended with a net outflow from spot BTC ETFs, according to SoSoValue, but BTC’s long-term structure tells a different story. On the 1M timeframe, the journey from $2,817 to $126,199.63 has been nothing short of historic. After topping out at $126K, BTC has now cooled down to $83,360 (+0.73%) and is holding strong above its MA(7) at $73,871. With MA(25) at $87,691 acting as a near-term magnet, RSI(6) at 56.97 resetting perfectly to neutral, and volume stabilizing, this is not a breakdown - it’s a healthy breath after a massive run. Market consensus remains unchanged. BTC is still in a cyclical bull market. Pullbacks like this are not seen as declines, but as corrections and long-term buying opportunities.
✨ Last week ended with a net outflow from spot BTC ETFs, according to SoSoValue, but the higher timeframe structure remains intact. On the 1M chart, BTC after making a top near $126,199 has corrected to $83,284 and is now holding above the MA(7) at $73,860. With RSI at 56.86 resetting to neutral and volume cooling off, this looks like a healthy reset. The market consensus is clear - BTC is still in a cyclical bull market, and this pullback from ATH is seen not as a decline, but as a correction and a buying opportunity.