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Wait, are we finally seeing the floor, or is this just another trap?
$BTC is sitting right at 68.7k after that nasty slide from the 90s. If you look at the daily candles, we’ve been chopping around in this range for a few weeks now, basically building a home between 65k and 71k.
The volume isn't screaming "breakout" just yet, but the fact that we aren't crashing straight to 60k is a small win for the bulls. I’m watching that 72k level closely. If we can’t clear that soon, we might just bleed back down to test the 65k support again.
Keeping my hands off the leverage for a bit. Just watching how this daily candle closes.
#NasdaqLiftsRestrictionsOnBitcoinETFs