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Is $100k back on the table? 🚀 Or is this a massive bull trap?
$BTC just reclaimed the $80k psychological level after a brutal correction. While everyone was panic-selling at the bottom, the "Smart Money" was loading up. Here is what the weekly chart is telling us right now. 👇
The price is climbing, but there’s a catch. Looking at the chart we see a Volume Divergence. While BTC is pushing toward the $81,460 level, the trading volume has been steadily decreasing.
🤔Conviction Check: Rising price on falling volume usually means the "exhaustion" phase could be near.
🚨The Trap: This suggests that while bulls are in control, they aren't "aggressive" yet. We need a high-volume breakout to confirm the next leg to $100k.
💪Support Strength: The $70k - $74k zone remains the high-volume node where buyers stepped in previously.
📈📉Scenarios
🟢 Bullish: We’re going to $100k+ by next month!
🔴 Bearish: This is a fake-out, we’re going back to $60k.
#BitcoinFallsBelow80K #StablecoinReserveDrops $BTC $SOL $LAB