๐ŸงBitcoinโ€™s sharp drop to the 60,000 zone looked dramatic, but markets donโ€™t care about feelings, only structure. That level triggered a fast bounce, yet the recovery lacked strength and failed to reclaim key moving averages. On lower timeframes, $BTC remains below major EMAs, momentum is still bearish, and volume doesnโ€™t confirm a strong reversal.

A real dip usually shows aggressive demand and follow-through โ€” not hesitation. As long as BTC struggles below the 70,000 resistance area, the move from 60k looks more like a relief reaction than a confirmed bottom. The answer isnโ€™t emotional. Price will decide, and it hasnโ€™tโ€ฆ yet.

BTC
BTCUSDT
65,919.9
-0.15%

XRP
XRPUSDT
1.3513
+0.54%

ETH
ETHUSDT
1,899.05
-0.91%