🇺🇸 The Bounce Is Real — The Conviction Is Not
Bitcoin has reclaimed short-term levels above $71,000, but the weekend close — not the bounce — will decide whether this move has legs.
🪙 Crypto Market Overview
Bitcoin has pushed back above the $71,000 level, shifting attention to the $73,500 zone — a former structural breakdown area that now acts as the key test into the weekend.
More important than the intraday move itself will be the weekly close. That close will determine whether this recovery represents genuine acceptance higher, or just another counter-trend rally within a broader bearish process.
While yesterday’s rebound was sharp, skepticism remains warranted.
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