$BTC Bitcoin's Mood Swings Are the New Normal
Bitcoin has been on quite the emotions-themed roller coaster lately. Let’s break it down:
📉 A Mini Panic
BTC dipped from $111 K down to around $104 K, shaken by rising Treasury yields and a sudden spike in macro uncertainty—cue the headlines about liquidations and profit-taking.
📈 The Rebound
It bounced back up near $105 K, but analysts warn it’s still painting a “breakdown + retest” formation—classic short-term bullish, but careful on overleveraged long positions.
🔍 Why It Matters
Short squeeze potential: A 10% BTC uptick could sting $15 B in shorts.
Sentiment shift: Fear & Greed Index jumped to 62, showing folks are leaning bullish.
Cycle spotlight: Analysts point out we’re in a post-halving bullish run, possibly nearing cycle tops in Q3/Q4 2025.
😅 The Crypto Crowd’s Take
Retail traders: “Is this a dip or just another head-fake?”
Veteran HODLers: “Just BTC stretching before liftoff.”
Chart nerds: “Please break above here or else….”
🎯 TL;DR
Bitcoin’s wobbling a bit—but historically speaking, that’s how bull markets climb. Keep an eye on $105 K–$107 K support and resistances, and watch for that big short squeeze to shake things up.