Bitcoin's daily chart is showing something interesting right now.
Price just bounced cleanly off that Order Block zone. The reaction? Textbook. This could mark the pivot point where momentum flips from bearish back to bullish territory.
Here's the thing - as long as BTC stays above this OB support, there's room to climb toward those resistance zones up ahead. The structure is attempting to shift, and holding this level matters.
Now all eyes are on whether Bitcoin can maintain this footing and push higher.
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TheMemefather
· 53m ago
This rebound looks a bit shaky to me. A textbook reaction usually means the next step is getting hit.
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TokenSleuth
· 1h ago
Textbook rebound? I think this is yet another great buying-the-dip opportunity.
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StablecoinAnxiety
· 1h ago
This rebound looks interesting, just afraid it’s another flash in the pan...
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YieldHunter
· 1h ago
ngl if you look at the data, this order block bounce could just be another liquidity grab before the real dump lol. "textbook reaction" - degens say that every time and it never holds. technically speaking, the risk-adjusted metrics don't exactly scream sustainable here imo
Bitcoin's daily chart is showing something interesting right now.
Price just bounced cleanly off that Order Block zone. The reaction? Textbook. This could mark the pivot point where momentum flips from bearish back to bullish territory.
Here's the thing - as long as BTC stays above this OB support, there's room to climb toward those resistance zones up ahead. The structure is attempting to shift, and holding this level matters.
Now all eyes are on whether Bitcoin can maintain this footing and push higher.