#BTC Reaches near $85K, and market sentiment is heating up again.
But the rhythm of this bounce has been unhealthy: the highs keep getting lower, and after each push upward, it’s always sold back.
If this structure continues, the next move could be $77K, $73K, or even lower.
Right now, people chasing long positions are buying at sentiment highs, not in a value area.
But the rhythm of this bounce has been unhealthy: the highs keep getting lower, and after each push upward, it’s always sold back.
If this structure continues, the next move could be $77K, $73K, or even lower.
Right now, people chasing long positions are buying at sentiment highs, not in a value area.
