BTC rejecting around the 200 day again got ppl nervous
A lot of ppl are treating this rejection like the market already decided where we’re going next
But compared to older bear market rallies this cycle has dragged on way longer already. Less crazy leverage everywhere too compared to previous runs
Doesn’t automatically mean the bottom is safe obviously cause 2018 had a slow grind before another flush lower
Still feels like this market structure is different from the usual panic nukes we’ve seen before
What would actually convince you that $60K is a real floor?
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