Bitcoin has bounced back to $71,000, showing a strong +2.25% gain in 24 hours 💥 The market is now at a critical bull vs bear decision zone. 🔍 My View on #BTC: 1️⃣ Trend Analysis: After reclaiming the $71K level, BTC is showing short-term bullish momentum. If volume continues to increase, we may see continuation toward the next resistance zone. However, if liquidity weakens, a second pullback to retest support is possible before the next move. 2️⃣ Position Strategy: At this stage, I prefer a balanced approach — holding core positions (HODL) while using swing trades to secure partial profits during volatility. Risk management is key in this zone. 3️⃣ Policy Impact: This week’s Non-Farm Payroll (NFP), CPI data, US-Iran negotiations, and Japanese elections can create volatility. Strong economic data → Possible pressure on BTC Weak data → Higher probability of bullish continuation Smart traders should prepare for volatility spikes and avoid over-leverage. 🔥 Conclusion: $71K is a psychological and technical level. If BTC holds above it with strong volume, the next bullish wave could begin. If rejected, we may see consolidation before the next breakout. What’s your strategy? HODL or Swing Trade? 👇 #BTC #Bitcoin #Crypto Gateio
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#BTC Rebound
Bitcoin has bounced back to $71,000, showing a strong +2.25% gain in 24 hours 💥
The market is now at a critical bull vs bear decision zone.
🔍 My View on #BTC:
1️⃣ Trend Analysis:
After reclaiming the $71K level, BTC is showing short-term bullish momentum. If volume continues to increase, we may see continuation toward the next resistance zone. However, if liquidity weakens, a second pullback to retest support is possible before the next move.
2️⃣ Position Strategy:
At this stage, I prefer a balanced approach — holding core positions (HODL) while using swing trades to secure partial profits during volatility. Risk management is key in this zone.
3️⃣ Policy Impact:
This week’s Non-Farm Payroll (NFP), CPI data, US-Iran negotiations, and Japanese elections can create volatility.
Strong economic data → Possible pressure on BTC
Weak data → Higher probability of bullish continuation
Smart traders should prepare for volatility spikes and avoid over-leverage.
🔥 Conclusion:
$71K is a psychological and technical level. If BTC holds above it with strong volume, the next bullish wave could begin. If rejected, we may see consolidation before the next breakout.
What’s your strategy? HODL or Swing Trade? 👇
#BTC #Bitcoin #Crypto Gateio