$BTC ** Bullish Breakout or Correction Incoming?** ๐๐
Bitcoin just reclaimed **$60K**โbut whatโs next?
๐ **Key Signals to Watch:**
- **ETF flows:** $BTC ETFs saw $1.2B inflows this week (reversal?)
- **Fed pivot:** Rate cuts = liquidity tailwind for crypto
- **On-chain data:** Whale accumulation at $58K-$60K support
๐ **Bull Case:**
- Historical post-halving rallies (avg. +300% after 12 months)
- Institutional FOMO if Btc holds above $60K
๐ **Bear Risks:**
- Mt. Gox repayments (~$8B BTC hitting markets soon)
- Miner capitulation if price dips further
๐ก **Trade Setup:**
- **Break & hold $62K** โ Target $68K (next resistance)
- **Lose $58K** โ Possible drop to $52K
**Are you buying the dip or waiting?** ๐