🚨there will be blood #btc #bitcoin $BTC #BTCNextMove

❗❗❗ 🚨#crashing Bitcoin (BTC) 3-Day Chart Analysis

BTC is about to open a new 3-day candle, and the current formation resembles a gravestone doji, which indicates bearish continuation. Additionally, the EMA indicators on the 3-day chart are nearing a bearish crossover, which hasn't happened in a long time.

Key Levels to Watch:

Resistance: $99,030 – BTC needs to reclaim this level to shift momentum back to the upside.

Support: $93,000 – If BTC breaks below this level, we could see a correction towards $89K-$83K.

Stronger Support: $87,400 and $75,800 if the sell-off accelerates.

Technical Indicators:

EMA Crossover: EMA(8) and EMA(14) are close to a bearish crossover, signaling further downside risk.

RSI Levels: RSI(24) = 54.79, RSI(14) = 50.92, RSI(8) = 44.20 → Momentum is weak, but not yet in oversold territory.

Stochastic RSI = 0.00 → A potential relief bounce could happen, but it doesn’t guarantee a trend reversal.

Market Outlook:

Bearish Scenario: If BTC loses $93K, a correction towards $89K-$83K is likely.

Bullish Reversal: BTC must reclaim $98K to regain bullish momentum.

Altcoins Impact: If BTC drops, altcoins could see 25-40% losses. However, buying altcoins 10% below their recent lows could present a solid accumulation opportunity. $BTC
{spot}(BTCUSDT)

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