Why is $BTC bouncing while most traders still expect another drop? 🤔
On the 1H chart, buyers are defending the recent low, but price is still trading below the major long-term moving averages, so the trend hasn't fully shifted yet.
One thing I've learned: the first bounce after a sharp sell-off often tests traders' patience more than their strategy.
Would you wait for confirmation above resistance, or start building a position here?
#BTC
On the 1H chart, buyers are defending the recent low, but price is still trading below the major long-term moving averages, so the trend hasn't fully shifted yet.
One thing I've learned: the first bounce after a sharp sell-off often tests traders' patience more than their strategy.
Would you wait for confirmation above resistance, or start building a position here?
#BTC