$BTC is hovering around the $60,000 level.
It seems like liquidation hunting has been going on as the price has been moving within a $2,000-$3,000 range for almost a week.
From here, Bitcoin needs to reclaim the $62,000 zone for any relief rally.
On the downside, losing the $58,000 level will push Bitcoin towards the $55,000-$56,000 zone.
🔷️ $APE is finally showing signs of life after spending weeks building a base near the lower region of the chart.
Buyers are attempting to regain control while the market tests whether this recovery has enough strength to continue. The next few sessions will likely determine whether this move develops into a larger trend reversal or remains a short-term bounce.
For now, the structure looks healthier than it did earlier this month and momentum is clearly improving.
⚠️ Not financial advice.
#APE #BTC #ETH #Crypto #Altcoins
With the supply finite, Bitcoin relies on demand. When demand is based on chatter and momentum alone, it cracks. In its recent steady decline, its proponents hid more than they ever have, diamond hands unfolded.
I need all the #bitcoin and #crypto people who say it’s going to a million and how it’s the future to tell me why all the people who have always said it’s a scam and going to zero are wrong. Cause it seems like it’s going to zero