As expected the bounce comes up.
After the 2days of fall finally it bounced back.
Not just a bounce clear recovery mood.
ETF flow direction. $BTC showed a notable ETF inflows in the last few hours. So this one is a positive sign.
As in technical we know that 80-82k a key support zone from the past year data. Also the 50 day MA line.
Spot largely funded around 60k direct buy. While leverage is still in control.
Macro doesn't fade yet. Macro data push hard but we know that bullish data influence too.
And even the technical and fundamental we know that it's already October so the yearly range 90-100k likely is hold tight.
Over the explanation one thing clear the bounce happens in control not fueled anything. It is just the supremacy of Bitcoin.
Macro force rumors fud Doesn't stop to make it bounce or recovery.
So don't hesitate. Maybe it's just another opportunity.
It will make a footnote.
#BTC Price Analysis#
After the 2days of fall finally it bounced back.
Not just a bounce clear recovery mood.
ETF flow direction. $BTC showed a notable ETF inflows in the last few hours. So this one is a positive sign.
As in technical we know that 80-82k a key support zone from the past year data. Also the 50 day MA line.
Spot largely funded around 60k direct buy. While leverage is still in control.
Macro doesn't fade yet. Macro data push hard but we know that bullish data influence too.
And even the technical and fundamental we know that it's already October so the yearly range 90-100k likely is hold tight.
Over the explanation one thing clear the bounce happens in control not fueled anything. It is just the supremacy of Bitcoin.
Macro force rumors fud Doesn't stop to make it bounce or recovery.
So don't hesitate. Maybe it's just another opportunity.
It will make a footnote.
#BTC Price Analysis#