🚀 Bitcoin Bounced at $78,200 – Here’s Why!
Many traders were waiting for BTC to hit $77K or even $75K to buy, but guess what? The market didn't drop that low.
🔎 Why? Because the market never does what everyone expects.
Here's what happened:
📉 Majority Expected Lower Prices – But instead of dropping further, BTC bounced at $78,200.
💥 Late Shorts Got Squeezed – Those who shorted expecting lower prices got liquidated.
📊 Market Psychology – When the majority bets on one direction, the market often moves the other way.
Now, as the market squeezes late shorts, people will start calling for a bullish breakout again. But once that happens, it might just head back down.
📢 Lesson? When the majority of traders expect the same move, be cautious!
💬 What’s your next move? Drop your thoughts below! 👇🔥