BTC Bounces From the Brink
What a rollercoaster. After Bitcoin flushed down to 60k this morning, we’re now up nearly $10,000, about +15%, in what looks like a textbook V-shaped recovery on the 4h chart.
Fear & Greed hit 5 last night. FUD was everywhere, and leveraged players got wiped out step by step once we lost 70k, pretty much the bulls’ last meaningful support.
Was 60k the bottom? Will we see a new ATH this year? No idea. But what I do know is that BTC at –50% is value territory. Time to stack, which I personally did yesterday.