$BTC Bitcoin is currently sitting at a "make or break" level on the Weekly timeframe! We are testing the critical $91,100 zone. The market is giving us two clear scenarios (see chart 👇).
1. The Bullish Bounce 🐂 If buyers defend the current $91k support (blue box), we could see a strong continuation upward to retest the range high at $108,421.
Target: $100k - $108k
Invalidation: A weekly close below $86k.
2. The Bearish Retest 🐻 If we lose this $91k level, the chart suggests a deeper correction is likely. The next major support zone sits way down at $73,949 (the white baseline). This would be a painful drop but a massive buying opportunity.
🧐 My Take: The Moving Averages (curved lines) are still sloping up, acting as dynamic support. The trend is technically still bullish, but volume is key this week!
👇 VOTE BELOW: Are you buying this dip or waiting for lower prices?
👍 Buying now ($91k)
💬 Waiting for $74k support
Let me know your targets in the comments! 🚀
$BTC $SOL #bitcoin #cryptotrading #TechnicalAnalysiss #MarketUpdate
1. The Bullish Bounce 🐂 If buyers defend the current $91k support (blue box), we could see a strong continuation upward to retest the range high at $108,421.
Target: $100k - $108k
Invalidation: A weekly close below $86k.
2. The Bearish Retest 🐻 If we lose this $91k level, the chart suggests a deeper correction is likely. The next major support zone sits way down at $73,949 (the white baseline). This would be a painful drop but a massive buying opportunity.
🧐 My Take: The Moving Averages (curved lines) are still sloping up, acting as dynamic support. The trend is technically still bullish, but volume is key this week!
👇 VOTE BELOW: Are you buying this dip or waiting for lower prices?
👍 Buying now ($91k)
💬 Waiting for $74k support
Let me know your targets in the comments! 🚀
$BTC $SOL #bitcoin #cryptotrading #TechnicalAnalysiss #MarketUpdate
