Instead of analyzing and guessing like I will DCA into BTC when the price is still below 90k
PhilipsNguyen
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$BTC BTC/USDT – The pinnacle of art in chasing chickens?
BTC just experienced a strong drop to 81,278 and bounced back to 82,853. Surely it's the classic bet: “Sell the bottom - Buy the top.” With exchanges like this, who knows who will cry from this pain.
Key points: Resistance: 83,169 (24h high), if broken, it could head towards 84,147 – 85,764. Support: 81,278 (24h low), if breached, the possibility of falling to 80,915.
Forecast: RSI(6) = 67.15, RSI(12) = 58.50 → Close to the overbought zone, may pull back slightly. MACD is slightly green, recovery signal but the trend is not clear yet. BOLL(20,2) is tightening, indicating strong volatility may be coming.
Are you planning to catch the bottom or wait for a rise? Remember to manage your capital, don’t let the exchange “clean out” your account. If buying, wait until it surpasses 83.2 to buy safely. Otherwise, it may drop further. Remember to wear a condom so your wallet doesn’t get HIV Waiting forever to see it drop to the 7 level to execute the order. Sign up now or you might miss the wave!
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee.See T&Cs.