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#MyGateTradeStory 🔥💫✨️ $BTC Rebound, but the bear market still looks alive 🔥💫✨️
The chart is trying to recover, but analysts remain uncertain—Bitcoin was rejected from the $67K resistance zone–$77K , and that rejection continues to pressure the market:
🔹️ The latest Bitcoin rally formed as a weak three-wave bounce, not a strong five-wave trend.
🔹️ A break below $63K–$64K support keeps the bearish structure intact.
🔹️ $62K is the main short-term support, while $55K–$56K is the next major downside zone.
A bounce could happen at any time, but one rally does not confirm that the bullish market has returned. Until Bitcoin closes cleanly above $77K or shows a true five-wave rally, it still feels more like a bear market pause than a full recovery.
Larger Macro Picture
The absence of large-volume capitulation events indicates that retail capitulation has not truly occurred. Instead, we are seeing a painful and slow environment where institutional outflows determine daily momentum.
Key Takeaway: If the $62K floor fails to hold during consecutive daily closes, the market is likely to sweep liquidity accumulated near $55K.
Traders should expect choppy and limited volatility until macro liquidity improves. Protect your capital, manage your leverage tightly, and do not mistake a temporary rally as the start of the next macro expansion.
#MyGateTradeStory
$BTC