Bitcoin's near-term outlook looks precarious to me right now. The technicals aren't inspiring confidence, and macro headwinds keep piling up. I'm positioned defensively until the market can prove otherwise and flip the narrative. Still monitoring, but staying cautious for now.
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GasFeeCrier
· 14h ago
Look at this old guy speaking quite cautiously, but why do I feel like there are more people calling for a short now than calling for a long... How deep does this bottom need to be?
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MysteryBoxBuster
· 14h ago
Hmm... The technical aspect really makes it hard to hold on, better to hide for now.
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SignatureAnxiety
· 14h ago
Adopting a defensive stance isn't wrong; anyway, this market is now a gambler's game.
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EthSandwichHero
· 14h ago
Defensive positioning is indeed a wise move; now is definitely not the time to chase the highs.
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GasFeePhobia
· 14h ago
Hmm... This wave does look a bit uncertain, and there's nothing much to see on the technical side.
Bitcoin's near-term outlook looks precarious to me right now. The technicals aren't inspiring confidence, and macro headwinds keep piling up. I'm positioned defensively until the market can prove otherwise and flip the narrative. Still monitoring, but staying cautious for now.