Just said it, and BTC made a tiny pump, barely breaking 74k, lol. Looks like you really gotta FUD it to get it moving, but honestly, this kind of move is still not enough. On the 1H chart, it’s just forming a small bottom, with zero signs of a strong breakout yet. We need to see it push past 76k before we can talk about a real bullish comeback. Right now, BTC is stuck in the tug-of-war zone between bulls and bears (see the rectangle in the chart). But hey, after a month of correction, BTC only dropped at most 12%. That gives me solid confidence to stick to my macro view (check my pinned tweet).
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陈桂林
@Guilin_Chen_
How should we put it about this market? It's pretty polarized!
When it comes to stopping the decline, gold's counterattack is fierce, but looking at Bitcoin, Ethereum, and silver, they're just consolidating and barely stopping the drop.
Not even mentioning the rising star x.com/Guilin_Chen_/s…

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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