Analyze BTC: The Battle for 75k! ⚔️
[The Hook]
The market is playing with your nerves! We hit 76,000 $ but the rejection was brutal. Check out the wick on the last 4H candlestick: sellers are taking control again.
RSI: It's starting to dip. As expected, the overbought zone needs a breather.
EMA: The price is currently testing the EMA 7 (yellow line). If we close below, the next stop is EMA 25 around 73,900 $.
Volume: We're seeing a drop in buying pressure. Watch out for the "Bull Trap" I mentioned yesterday!
[The Prediction]
My scenario remains the same: a healthy correction towards the support zone of 71,600 $ - 72,000 $ is necessary to build more strength. Don't jump into a "Long" too quickly, wait for support confirmation.
Today's question for the community:
🚀 Immediate rebound to 80k?
📉 Correction to 71k before the rise?
Vote in the comments! I'll respond to the best analyses. 👇
#Bitcoin #TradingView #BinanceSquare #BTCUSDT #CryptoStrategy
[The Hook]
The market is playing with your nerves! We hit 76,000 $ but the rejection was brutal. Check out the wick on the last 4H candlestick: sellers are taking control again.
RSI: It's starting to dip. As expected, the overbought zone needs a breather.
EMA: The price is currently testing the EMA 7 (yellow line). If we close below, the next stop is EMA 25 around 73,900 $.
Volume: We're seeing a drop in buying pressure. Watch out for the "Bull Trap" I mentioned yesterday!
[The Prediction]
My scenario remains the same: a healthy correction towards the support zone of 71,600 $ - 72,000 $ is necessary to build more strength. Don't jump into a "Long" too quickly, wait for support confirmation.
Today's question for the community:
🚀 Immediate rebound to 80k?
📉 Correction to 71k before the rise?
Vote in the comments! I'll respond to the best analyses. 👇
#Bitcoin #TradingView #BinanceSquare #BTCUSDT #CryptoStrategy
