đ Bitcoin's Bullish Bounce: A Comedy of Charts! đ
- Bitcoin (BTC) is on the verge of completing a bullish engulfing pattern for the first time since January 2023. Talk about a glow-up! đ
- BTC's open interest (OI) hit $35B, matching previous highs from February and July 2024. Futures market is buzzing, but funding rates are flatter than a pancakeâtraders are still on the fence.
- Spot traders are selling into $66K resistance like it's a Black Friday sale. Short-term volatility ahead? You bet!
- "Uptober" might kick off with a correction to $62,300. Keep an eye out for bounces and dips!
Stay tuned, and remember: HODL on tight!
