everyone thinks the bounce back toward $83,200 means the dip is already done, but actually that rejection around $84,000 left $btc looking pretty shaky again.
ngl this is where traders fomo the green candle and then freeze, no idea if they should cut or sit through another flush. getting trapped on a fake rebound is how accounts bleed out slowly.
on october 13 $btc recovered toward $83,200 after dipping near $81,034, then stalled hard around $84,000. first resistance is still $84,000, then the $84,600 to $84,800 zone, with $86,366 as the next upside hurdle if buyers ever push through. support sits at $82,300, and $81,300 is the line underneath that if this bounce keeps fading.
daily macd is still bearish, macd line under the signal, and the 4-hour rsi is basically flat at 51.99. price is trading inside the 4-hour ichimoku cloud, which reads as indecision more than a real turn. momentum is fragile, not broken out.
you buying this bounce or waiting to see if $82,300 actually holds?
#Bitcoin #BTC #Crypto
ngl this is where traders fomo the green candle and then freeze, no idea if they should cut or sit through another flush. getting trapped on a fake rebound is how accounts bleed out slowly.
on october 13 $btc recovered toward $83,200 after dipping near $81,034, then stalled hard around $84,000. first resistance is still $84,000, then the $84,600 to $84,800 zone, with $86,366 as the next upside hurdle if buyers ever push through. support sits at $82,300, and $81,300 is the line underneath that if this bounce keeps fading.
daily macd is still bearish, macd line under the signal, and the 4-hour rsi is basically flat at 51.99. price is trading inside the 4-hour ichimoku cloud, which reads as indecision more than a real turn. momentum is fragile, not broken out.
you buying this bounce or waiting to see if $82,300 actually holds?
#Bitcoin #BTC #Crypto