$BTC BTC
Everything is in front of you, and the scenarios are clear… Just listen and focus.
The price of Bitcoin is currently around $96,357, after hitting $97,895 and refusing to go higher.
Now it stands at a crossroads between resistance behind it and resistance, and supports that are not letting go!
The bullish scenario?
It must break $97,167 clearly and close above it.
At that time, the road is open to $98,592 and from there to the $100k dream of the whales.
And from there, we can easily reach a new peak 🚀
But if we drop? The bearish scenario is ready:
Breaking $93,312 and behind it $92,972 = red card.
At that time, the nearest support is around $91,090, and if we drop further, you have downward stations:
$88,514 > $86,567 > $83,715
Shall we go to the indicators?
MACD: Entering a negative zone but there hasn't been a violent break yet.
RSI: At 47, meaning it's neither overbought nor oversold... neutral, but closer to correction.
Stochastic RSI: Coming down from above, and this supports the likelihood of temporary easing.
In summary:
The market is confused, and it's pointing to a pullback or easing before a big decision.
The whales are watching, and we are with them on the radar.
Do not enter randomly, determine the scenario that suits you, and work with a clear stop.
#Write2Earn
Everything is in front of you, and the scenarios are clear… Just listen and focus.
The price of Bitcoin is currently around $96,357, after hitting $97,895 and refusing to go higher.
Now it stands at a crossroads between resistance behind it and resistance, and supports that are not letting go!
The bullish scenario?
It must break $97,167 clearly and close above it.
At that time, the road is open to $98,592 and from there to the $100k dream of the whales.
And from there, we can easily reach a new peak 🚀
But if we drop? The bearish scenario is ready:
Breaking $93,312 and behind it $92,972 = red card.
At that time, the nearest support is around $91,090, and if we drop further, you have downward stations:
$88,514 > $86,567 > $83,715
Shall we go to the indicators?
MACD: Entering a negative zone but there hasn't been a violent break yet.
RSI: At 47, meaning it's neither overbought nor oversold... neutral, but closer to correction.
Stochastic RSI: Coming down from above, and this supports the likelihood of temporary easing.
In summary:
The market is confused, and it's pointing to a pullback or easing before a big decision.
The whales are watching, and we are with them on the radar.
Do not enter randomly, determine the scenario that suits you, and work with a clear stop.
#Write2Earn