📉 Bitcoin: 15% Rally Faces Key Resistance - Correction or Continuation?
🔍 Current Overview
Bitcoin has risen 15% in 4 days, but the price is hitting a critical technical resistance that could trigger a correction.
⚠️ 3 Caution Signals
1️⃣ Unbroken Resistance: The price has not broken a key historical level
2️⃣ Risk Context: Geopolitical and macroeconomic uncertainty persists
3️⃣ Overbought: Technical indicators suggest possible exhaustion of the rally
💡 Recommended Strategy
- Avoid FOMO: Do not buy at highs out of fear of missing out on the rise
- Look for Supports: Wait for pullbacks to confirmed demand zones
- Risk Management: Use stops and avoid excessive leverage
📊 Possible Scenarios
✅ Bullish Breakout: If Bitcoin surpasses the resistance with volume, the rally could continue
❌ Rejection: A failure to break the level could lead to a correction of 8-12%
🔎 Key Factors to Monitor
- Price reaction at current resistance
- Institutional flows and on-chain data
- Relevant macroeconomic events
