๐ BTC/USD Analysis: Is Bitcoin Gearing Up for a Big Move? ๐๐ฅ
๐ Support Zones
Local Support: Around $99,183 โ $97,811 โ Bitcoin may stabilize here if the dip holds.
Major Support: At $94,000, a historical base where buyers usually step in with confidence. ๐ก๏ธ
๐ Resistance Zones
Short-Term Resistance: Between $105,016 โ $106,095, which BTC must flip to move higher.
Heavy Resistance Zone: Between $111,943 โ $115,074, close to ATH levels. A break here could lead to explosive upside! ๐ฅ
๐ Market Insight
Bitcoin is showing signs of a pullback near the $104K range. Despite a bullish trend since May, the latest red candle and moderate volume point to market indecision. Traders are watching closely for the next breakout or breakdown. โ ๏ธ
๐ฏ Whatโs Next?
โ Bullish Scenario:
If BTC stays above $99K and smashes through $106K with strong volume, we could see a rally toward $112K and possibly new highs! ๐ฅ
โ Bearish Scenario:
If BTC drops below $97,800, we might revisit the $94K zone. This would be a key moment to test support strength. ๐งจ
๐ Key Focus:
Volume is the real signal. A sudden spike could confirm direction. This is the calm before the stormโget ready for volatility. ๐ช๏ธ
๐ง Smart Traders Are Watching These Levels. Are You? ๐ผ
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