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Buying Bitcoin right now is a contrarian bet on a rebound, but a true reversal requires multiple shakeouts. It's a one-step-up, three-steps-down grind. Last Friday, US equities took a heavy hit. Do you really think Monday's Asian session will escape a sharp selloff?
The trend is clear. The current bounces lack any real conviction or momentum. Forget the unrealistic $80K fantasy. The immediate question is whether the $76K support level can even hold. If that floor breaks, the next logical target is $69K. A decisive breakdown of this zone is what it will take to shatter the bulls' illusion and finally reset the market for a genuine recovery.
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