#BTCRebound Bitcoin (BTC) often rebounds after sharp dips due to its strong store-of-value narrative, institutional interest, and limited supply. If market sentiment improves (e.g., ETF inflows, Fed rate cuts, or reduced fear), a rebound is likely. However, always be cautious—crypto is volatile.
Simple Rebound Plan:
1. Entry:
- Wait for confirmation (e.g., BTC holds a key support level like $60K or breaks a downtrend).
- Dollar-cost average (DCA) to reduce risk.
2. Targets:
- Short-term: $65K–$68K (previous resistance).
- Mid-term: $70K+ (new ATH if bullish momentum returns).
3. Stop-Loss:
- Below recent swing low (e.g., $58K) to limit losses if the rebound fails.
4. Risk Management:
- Only invest what you can afford to lose.
- Take partial profits at targets.
5. Watch For:
- Positive news (institutional buying, ETF flows, macro trends).
- BTC dominance rising (altcoins may lag initially).
**Remember**: No guarantee—always do your own research (DYOR)! 🚀
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