BTC Bounced Off $112.6K—Was the Dip a Trap or Tactical Setup? 🧐
Bitcoin plunged to around $112,600—but instead of crashing, it snapped back. Why? That zone cleared weak longs and triggered short-covering, while long-term holders defended it hard. With Fear & Greed levels shifting and ETF inflows mounting, $112.6K turned from breakdown zone to bounce point.
Now, if BTC clears $113,650, expect a push toward $118K+. But slip below and $111K → $110K is back on the radar.
Key question: was it just a dead-cat bounce or real structure holding? Share your read: BUY, WAIT, or SHORT?
💬 Drop your strategy below — BUY / WAIT / SHORT
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