So $BTC is sitting above the 200-day MA right now. That's nice, but I'm not popping champagne yet.
Here's what I actually want to see before I get properly excited:
$75k breaks clean
$77.2k holds
21-MA flips back to support
If all three line up? Yeah, then we're probably heading to $100k. But until then, it's just... potential. I've seen too many fake-outs over the years to get hyped on a single indicator.
The 200-day is a vibe check, not a guarantee. It tells you sentiment is shifting, but it doesn't tell you how far or how fast. That's where those other levels come in — they're the real test of whether this thing has legs or if we're just bouncing around in no-man's land again.
So yeah, cautiously optimistic. But let's see some follow-through first.
Here's what I actually want to see before I get properly excited:
$75k breaks clean
$77.2k holds
21-MA flips back to support
If all three line up? Yeah, then we're probably heading to $100k. But until then, it's just... potential. I've seen too many fake-outs over the years to get hyped on a single indicator.
The 200-day is a vibe check, not a guarantee. It tells you sentiment is shifting, but it doesn't tell you how far or how fast. That's where those other levels come in — they're the real test of whether this thing has legs or if we're just bouncing around in no-man's land again.
So yeah, cautiously optimistic. But let's see some follow-through first.