⚠️ Is a bigger correction coming for $BTC ?
- You can open the trade by tapping👇below
The price of #Bitcoin broke through the key support, hitting a low of $77,851. The technical structure on the 1-hour chart reflects immediate selling pressure: the RSI(6) has plunged deeply into the extreme oversold zone, marking 24.97, which shows strong bearish panic in the short term.
Also, the moving averages show a bearish crossover, with the EMA(7) crossing below the EMA(25). Is this the ideal moment to accumulate at support, or will we break down toward the EMA(99)?
Summary of Applied Indicator Analysis:
Visualized Minimum Price: $77,851 USDT.Short-Term Strength (RSI 6): 24.97 (Extreme oversold, favorable for a bounce or confirmation of short-term capitulation).Momentum (MACD): -80.34 (Divergence confirmation and bearish strength accumulated in 1H candles).
#BTC☀️ #USBitcoinETFsExtendInflowsToSixthDay
👇 I’ll read you in the comments! Are you buying or selling?
- You can open the trade by tapping👇below
The price of #Bitcoin broke through the key support, hitting a low of $77,851. The technical structure on the 1-hour chart reflects immediate selling pressure: the RSI(6) has plunged deeply into the extreme oversold zone, marking 24.97, which shows strong bearish panic in the short term.
Also, the moving averages show a bearish crossover, with the EMA(7) crossing below the EMA(25). Is this the ideal moment to accumulate at support, or will we break down toward the EMA(99)?
Summary of Applied Indicator Analysis:
Visualized Minimum Price: $77,851 USDT.Short-Term Strength (RSI 6): 24.97 (Extreme oversold, favorable for a bounce or confirmation of short-term capitulation).Momentum (MACD): -80.34 (Divergence confirmation and bearish strength accumulated in 1H candles).
#BTC☀️ #USBitcoinETFsExtendInflowsToSixthDay
👇 I’ll read you in the comments! Are you buying or selling?
