Price is testing the support area and forming a double bottom pattern. You can accumulate some shares at this support area. We may see a bounce towards the resistance area in the coming days.
Price is currently trading within a tight range and is approaching the support area. We'll see if the price can drop below this support. New positions will be opened after a breakout .
😨 Investor Sentiment Takes a Hit Despite Shallow Pullback
Even though Bitcoin only dipped to $101K, market sentiment reacted sharply.
🔻 The Fear and Greed Index briefly slipped into Fear territory 📉 Concerns are rising over a potential double-top pattern — similar to what we saw in the 2021 cycle 🤔 Many investors remain cautious, fearing history might repeat
While the drawdown was mild, the psychological impact is real. Watch key levels closely — the next few days are critical for trend confirmation$BTC
#Write2Earn 😨 Investor Sentiment Takes a Hit Despite Shallow Pullback
Even though Bitcoin only dipped to $101K, market sentiment reacted sharply.
🔻 The Fear and Greed Index briefly slipped into Fear territory 📉 Concerns are rising over a potential double-top pattern — similar to what we saw in the 2021 cycle 🤔 Many investors remain cautious, fearing history might repeat
While the drawdown was mild, the psychological impact is real. Watch key levels closely — the next few days are critical for trend confirmation.$BTC