đš
$BTC đ MAXIMUM BEARISH PRESSURE
đ„ The psychological support of $100,000 is at stake...
đ Bitcoin is currently trading at $101,144.60.
The price is just pressing the critical and psychological support of $100,000 đŹ
â ïž RSI(6): 14.54 â Extreme oversold
Although this could anticipate a rebound đ, fear dominates đ± and selling pressure is overwhelming.
đ Technical structure: markedly bearish.
The defense of $100,000 is the most important battle at the moment. âïž
đïž If the market loses $100,000 with volume, we could see a cascading liquidation đ towards the next support near $98,000.
đą Conversely, for a bullish relief (LONG), BTC must reclaim the EMA(7) at $104,361.
As long as it is below, the risk remains bearish đ.
đ Question for you:
Do you think the psychological level of $100,000 will hold đȘ or will we see a deeper drop? đ»
đŹ Comment your prediction!
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