๐ $BTC โ Reaction โ Reversal
$BTC dumped hard, found demand around 61k, and delivered a sharp bounce. That move did its job โ relief, not recovery.
The bounce stalled right where it should have. No structure was built, just a fast reaction into resistance. That kind of price action fades more often than it flips trend. Right now, expecting a clean V-shaped recovery is wishful thinking. When price drops this aggressively, the market usually needs time, not hopium.
๐ฆ The more realistic path: A choppy range between roughly 60k โ 72k.
Weeks of back-and-forth, fake breakouts, stop hunts โ maybe even one more sweep below range lows โ before any real bottom can form.
No base = no sustainable reversal.
Simple market mechanics.
Stay patient. Let structure build.
