⚠️ BTC Recovery Stalls: Buyers Still Missing
Bitcoin’s recovery is losing momentum as spot demand remains weak, while leveraged traders continue betting on higher prices.
📊 Key Levels:
• 🟢 Median Realized Price: ~$63K
• 🔴 Major resistance: $68.7K
• ⚠️ Key downside level: $58.5K
• 📉 Spot volume remains extremely weak
💡 Market Insight:
Sellers are losing strength, but buyers haven’t returned decisively. Rising leverage could increase downside risk if BTC fails to recover $68.7K.
🎯 BTC needs real spot demand — not just leverage — for a strong rebound.
#Bitcoin #BTC #CryptoMarket #CryptoTrading #BinanceSquare $BTC
Bitcoin’s recovery is losing momentum as spot demand remains weak, while leveraged traders continue betting on higher prices.
📊 Key Levels:
• 🟢 Median Realized Price: ~$63K
• 🔴 Major resistance: $68.7K
• ⚠️ Key downside level: $58.5K
• 📉 Spot volume remains extremely weak
💡 Market Insight:
Sellers are losing strength, but buyers haven’t returned decisively. Rising leverage could increase downside risk if BTC fails to recover $68.7K.
🎯 BTC needs real spot demand — not just leverage — for a strong rebound.
#Bitcoin #BTC #CryptoMarket #CryptoTrading #BinanceSquare $BTC