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Wait, are we finally seeing the shift everyone's been waiting for?
$BTC is actually showing some backbone here. After that heavy slide from the 90k region, we’ve just been chopping around in a boring range for weeks. But look at that last daily candle. It’s a solid bullish engulfing that just reclaimed the 72k level.
The 60k support held up like a champ during the last dip. Now that we're pushing back up, the volume is starting to peek its head out again. If we can flip this 73k area into support, the path back toward 80k looks wide open.
I’m staying cautious though. We need to see if this has legs or if it's just another trap before one last flush. I’m watching the 4h close closely to see if buyers are actually serious this time.
#BitcoinBouncesBack