🔴 $BTC is showing critical weakness on the 4H – bounce or breakdown incoming?
📊 Price at 83,736 has broken below both EMAs (20 at 85k, 50 at 84.8k), signaling a shift in momentum.
⚠️ RSI at 24.6 is deeply oversold but hasn't triggered a reversal yet – typically we see capitulation first before relief.
💪 Support at 83,442 is close; a break below opens the door to 81,500 over the next 48 hours.
Target: 81,500 | Invalidation: 86,200
Are you catching this bounce or expecting more downside? Share your take!
Follow for two forecasts weekly – technical setups you can actually trade.
📋 How did my last forecast do?
I said $ETH would drop from 2,698 to 2,636 in 48h.
❌ It went against me (+1.88%), this one was wrong.
🔗 The original forecast: https://app.binance.com/uni-qr/cpos/372237972789327?r=HVTQDXNE&l=en
👇 The result chart is in the 2nd picture
Not financial advice. DYOR.
#CryptoForecast #TechnicalAnalysis #Bitcoin
📊 Price at 83,736 has broken below both EMAs (20 at 85k, 50 at 84.8k), signaling a shift in momentum.
⚠️ RSI at 24.6 is deeply oversold but hasn't triggered a reversal yet – typically we see capitulation first before relief.
💪 Support at 83,442 is close; a break below opens the door to 81,500 over the next 48 hours.
Target: 81,500 | Invalidation: 86,200
Are you catching this bounce or expecting more downside? Share your take!
Follow for two forecasts weekly – technical setups you can actually trade.
📋 How did my last forecast do?
I said $ETH would drop from 2,698 to 2,636 in 48h.
❌ It went against me (+1.88%), this one was wrong.
🔗 The original forecast: https://app.binance.com/uni-qr/cpos/372237972789327?r=HVTQDXNE&l=en
👇 The result chart is in the 2nd picture
Not financial advice. DYOR.
#CryptoForecast #TechnicalAnalysis #Bitcoin
