don't buy
Bitcoin Bounce Fails — Short-Term Bearish Surprise
I expected Bitcoin to bounce and resume an upward move, but price rejected and went down instead.
I'm annoyed the setup failed; I'll step back, reassess support and risk levels, and avoid chasing the market right now.
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Analysis
The attempted bounce was rejected at resistance and momentum turned bearish, suggesting sellers are dominating in the short term. Until price reclaims key support or prints a clear higher-low, downsid...
Recommendation
Don't buy into the current weakness. Wait for confirmed bullish signals (retest and hold of support, volume-based reversal) or use defined risk if trading the downside; otherwise reduce exposure.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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