$BTC
Reclaims $71K: A Dead Cat Bounce or the Start of a Macro Recovery? šš
Analysis:
Bitcoin is testing the $71,500 level after a brutal week of liquidations that briefly touched $60,000. While the Fear & Greed Index remains in "Extreme Fear" (below 10), we are seeing a bullish divergence on the 4H chart. Institutional ETF inflows have slowed to $689M outflows, but bargain hunters are stepping in on rumors of a U.S. Strategic Bitcoin Reserve.
Entry Zone: $69,500 ā $71,000
Take Profit: $79,500 (Major Resistance) | $87,900 (2026 Yearly Pivot)
Stop Loss: $66,800
Sentiment: Fragile Rebound.
CTA: Are you buying the dip or waiting for a retest of $60k? Letās talk below! #BTC #BitcoinAnalysis #Write2Earn