$BTC I’m still leaning bearish until the market proves otherwise.


The recent bounce looks more like a relief rally than the start of a new uptrend. As long as $BTC keeps printing lower highs, I see no reason to abandon the broader bearish outlook.
The key level for me is around $61K. If that area fails to hold, the current structure remains unchanged and the next leg lower becomes the higher-probability scenario.
A relief rally, a lower high, and then another flush has been the pattern throughout this bear market, and I believe we’re still following that roadmap.
Only a meaningful break above the recent lower-high structure would make me reconsider this view. Until then, I’m expecting another move toward fresh lows.
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BTC-0.79%
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