Hyper Focused on #Bitcoin: Make Volatility Great Again
👇1-12) As highlighted in yesterday’s chart, Bitcoin breaking above 57,000 signaled a potential tactical bottom during this high-volatility period despite our medium-term caution due to weak economic data. Monday's -18% intraday drop illustrated the risks of attempting to catch a falling knife. However, as Bitcoin aimed to establish a base within the 55,000 to 57,000 range, a break above this level offered a favorable risk/reward scenario with a tight stop loss.
👇2-12) What about today? Full report: https://mail.10xresearch.co/p/hyper-focused-bitcoin-make-volatility-great