BTC rebound is a shorting opportunity


76,000 is a strong resistance zone with heavy selling pressure
BTC reserves increased from 2.72 million to 2.75 million since mid-January
Whales continue transferring to exchanges
Clear intent to dump
If it breaks below 60,000 psychological level
Will trigger programmed trading leverage liquidations and ETF redemption stampedes
Price may drop directly to 40k-50k range
US PCE inflation reached 3.0%
Rate cut expectations reduced from 6 cuts at year start to only 1 cut
Some institutions even discussing rate hikes
Expect bottom in bear market from June-December
Low point in 45k-50k range
BTC0.88%
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