
The daily chart, my dear reader, is a tragicomedy of macro malaise. After a plunge from January’s $97,939 peak to $59,930, Bitcoin has been loitering in a $66K-$70K corridor like a lost soul in a bureaucratic maze. That high-volume red candle at $59.9K? A capitulation bottom, perhaps, but to call it a reversal would be like mistaking a sneeze for a symphony. Resistance at $75K looms like a disapproving mother-in-law, and bullish hopes must first wrestle past her before dreaming of confetti. Should Bitcoin slip below $59.9K again, well, it’s curtains for the optimists.