Everyone’s calling $BTC dead with Fear & Greed at 12 but…
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Everyone’s calling $BTC dead with Fear & Greed at 12 but price is not really confirming that at least not yet
BTC is still holding around $70K and has defended that level multiple times this week without a proper flush. That’s not exactly what you’d expect if things were completely breaking down.
At the same time, we’ve got a lot going on — equities volatility, derivatives expiries, and a pretty uncertain macro backdrop. Feels like the market is more hedged than outright bearish.
So it doesn’t look like a clear “it’s over” or “easy buy” situation to me.
Do you see this as quiet strength building for a move up, or just a setup before a bigger breakdown?
#cryptocurrency
BTC is still holding around $70K and has defended that level multiple times this week without a proper flush. That’s not exactly what you’d expect if things were completely breaking down.
At the same time, we’ve got a lot going on — equities volatility, derivatives expiries, and a pretty uncertain macro backdrop. Feels like the market is more hedged than outright bearish.
So it doesn’t look like a clear “it’s over” or “easy buy” situation to me.
Do you see this as quiet strength building for a move up, or just a setup before a bigger breakdown?
#cryptocurrency
| 4,000 mlx | |
| 10 | |
| 0 |