Headlines say Bitcoin is down because Trump might order more strikes on Iran.
The tape says otherwise. The Fear & Greed index is printing 74. Nobody is scared. This is a technical move that found a convenient narrative, not the other way around. Price is now below the key short-term EMAs after running into resistance at the top of the weekly range.
So is this a dip to buy, or the start of real distribution?
$BTC #Bitcoin
Follow for the next read — posted the moment the tape moves.
The tape says otherwise. The Fear & Greed index is printing 74. Nobody is scared. This is a technical move that found a convenient narrative, not the other way around. Price is now below the key short-term EMAs after running into resistance at the top of the weekly range.
So is this a dip to buy, or the start of real distribution?
$BTC #Bitcoin
Follow for the next read — posted the moment the tape moves.
