💡 Opportunity to buy or bearish trap at $BTC ?
- You can open the trade by tapping👇 below
After falling to $77,851, #Bitcoin is testing traders’ patience. Although the MACD indicator remains in negative territory with a bearish histogram at -80.34, the RSI(6) at 24.97 suggests that short-term selling pressure could be running out quickly, opening the door to a technical bounce from oversold conditions.
The macro trend is still supported by the long-term moving average, but the loss of momentum is clear.
Do you think institutions will defend this zone to push the price back above $79k? Let’s discuss below! 🚀
Indicator Analysis Summary:
Lowest Price Shown: $77,851 USDT. Short-Term Strength (RSI 6): 24.97 (Extreme oversold, favorable for a bounce or for confirming short capitulation). Momentum (MACD): -80.34 (Divergence confirmation and accumulated bearish strength on 1H candles).
#USBitcoinETFsExtendInflowsToSixthDay #BrentWTICrudeFallOver3% #BTC☀ #criptonews
- You can open the trade by tapping👇 below
After falling to $77,851, #Bitcoin is testing traders’ patience. Although the MACD indicator remains in negative territory with a bearish histogram at -80.34, the RSI(6) at 24.97 suggests that short-term selling pressure could be running out quickly, opening the door to a technical bounce from oversold conditions.
The macro trend is still supported by the long-term moving average, but the loss of momentum is clear.
Do you think institutions will defend this zone to push the price back above $79k? Let’s discuss below! 🚀
Indicator Analysis Summary:
Lowest Price Shown: $77,851 USDT. Short-Term Strength (RSI 6): 24.97 (Extreme oversold, favorable for a bounce or for confirming short capitulation). Momentum (MACD): -80.34 (Divergence confirmation and accumulated bearish strength on 1H candles).
#USBitcoinETFsExtendInflowsToSixthDay #BrentWTICrudeFallOver3% #BTC☀ #criptonews
