Bitcoin’s Dance: Bulls Whisper, Bears Growl, and the Market Shrugs 🤷♂️

Across the vast plains of the daily, 4-hour, and 1-hour charts, Bitcoin seemed to be stitching together a recovery, though the thread was frayed and the needle rusty. The daily chart showed a bounce from the $107,000 ravine, a 14 percent climb from the recent peak of $124,500. Yet, the ascent lacked the vigor of a true bull, with volume dwindling like a campfire in the rain, hinting at either a timid demand or a bull trap waiting to snap shut. Resistance loomed like a stubborn mule at $113,500 to $114,000. A breakout above, on the back of strong volume, would be the trumpet call for the bulls, while a rejection would send the bears growling back into the fray.




