$BTC technical check-in:
RSI sub-50 and curving down
ATR cooling off vs 50D avg
200D trend support sitting at $72k-$75k
1D support holding firm at $82k
Translation: Bull's just taking a breather after the first leg up. Not broken, just consolidating. Watch those support zonesโif $82k holds, we're still in accumulation mode before the next rip.
Not bearish. Just patient.
RSI sub-50 and curving down
ATR cooling off vs 50D avg
200D trend support sitting at $72k-$75k
1D support holding firm at $82k
Translation: Bull's just taking a breather after the first leg up. Not broken, just consolidating. Watch those support zonesโif $82k holds, we're still in accumulation mode before the next rip.
Not bearish. Just patient.