BTC is consolidating after a strong rally, showing loss of momentum. Price is moving in a range, not making strong higher highs. Short‑term traders are taking profits, causing pullbacks. Indicators (like RSI on lower timeframes) are cooling down, not overbought but not strong either. 📈 Why Still Bullish (Medium–Long Term) Higher‑timeframe trend is still up (bull market structure intact). Strong support zones are holding (buyers defending dips). Long‑term demand remains strong compared to previous cycles. Any dip is still seen as a buy‑the‑dip zone, not trend reversal.
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#AreYouBullishOrBearishToday? 📉 Why Slightly Bearish (Short‑Term)
BTC is consolidating after a strong rally, showing loss of momentum.
Price is moving in a range, not making strong higher highs.
Short‑term traders are taking profits, causing pullbacks.
Indicators (like RSI on lower timeframes) are cooling down, not overbought but not strong either.
📈 Why Still Bullish (Medium–Long Term)
Higher‑timeframe trend is still up (bull market structure intact).
Strong support zones are holding (buyers defending dips).
Long‑term demand remains strong compared to previous cycles.
Any dip is still seen as a buy‑the‑dip zone, not trend reversal.