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Market sentiment is becoming increasingly optimistic around Bitcoin’s current price action and in my view, this is often where traders get caught on the wrong side of the move.
“The trend is your friend until the end”
Once there is clear acceptance above key higher-timeframe levels and a confirmed shift in market structure we can start talking about bull markets. We are not there yet. This price action is completely normal for bear markets.
At present, price is at resistance a zone where enthusiasm typically increases, but risk also rises. This is occurring in a relatively low-volume environment, with continued spot selling pressure and limited large-scale buying participation beyond players like Michael Saylor.
Even a move toward $90K would not, on its own, invalidate the broader bearish structure.
External narratives and comparative charts can be useful, but the primary focus should remain on Bitcoin’s price action itself particularly when viewed from a higher timeframe perspective.
Once my system gives me the green light, trust me, I can go full bull mode.
$btc #btc #bitcoin