We are starting another day in the land of $BTC, and this time with some recovery, initially we need $93K.

$BTC

We are still trying to form some sort of bottom here, despite having a good positive reaction yesterday; unfortunately, that did not last long, to be more precise... it only lasted until HASSET talked about the future impact of tariffs on INFLATION.

We did not sweep the lows from yesterday, so there is no change, and the blue range on the chart is still where we expect to see decent support.

Buyers are pulling their orders whenever there is the slightest sign of "problems," making things quite fragile and unstable; this should continue for some time until we have clear upward reversal setups. Ignore the noise!

No surprises in the US session, we have all seen the failure that this session has been in recent days, we need our American friends to reverse this.

Yesterday we saw strong capital outflows from IBIT, which influences selling pressure on BTC, but it is still more likely that we are forming a bottom here.

Fear is evident, people have lost their clarity, and everything turns into reasons for panic. Look at USDT's dominance, and for a few seconds, you will have the impression that people think that is where they will have the highest returns hahahaha.

It seems that THE WHOLE WORLD is watching the results of $NVIDIA as if it were the new Powell hahahaha. Therefore, expect even greater volatility as we approach the moment when the results will be announced.


The same thought:
I do not expect the BULLS to easily recover the $98K; on the contrary, but I still think they will do it. All this price melting was surgically done to reduce the market, and such things do not tend to last long.

We need to recover the $98K still during this week.