๐จ BTC Under $90k: Ultimate Bear Trap or "Real" Correction? ๐๐ค
Bitcoin has officially retraced ~28% from its $126k ATH to test the sub-$90k levels. The Fear & Greed Index is flashing Extreme Fear (15) for the first time since February.
Why is the market dumping?
๐ ETF Outflows: Institutions have pulled over $2B from spot ETFs this week alone.
๐ฆ Macro Fear: Rate cut expectations for December are fading.
๐ฉธ Liquidations: Over $1B in leveraged longs wiped out in 48 hours.
BUT... The Bullish Case Remains:
๐ณ Whales are Buying: MicroStrategy just added another 8,000 BTC at these levels.
๐ Historical Data: In the 2017 and 2021 cycles, 30% corrections were standard before the final parabolic leg up.
The market is at a decision point. Are you fading the fear or protecting your capital?
๐ VOTE BELOW:
๐ด Bearish: We are going to $75k-$80k. Cash is king.
๐ข Bullish: This is the final shakeout. I'm longing the bounce!
๐ก Uncertain: Just HODLing and not looking at charts.
Let me know in the comments: Which Altcoin are you scooping up right now? ๐
