#BTC 💥 Emergency update #BTC 💥
🚀 Trading idea: $BTC 'The price has broken through the
🔻downtrend line AND has moved back above the📈
200 SMA (Golden Cross)!✅ Furthermore, the large price gap between 74K $ and 90K $ (after the US elections) has been completely filled — showing strong buyer interest!
💰Plan: Look to buy if the price tests near 90K $, aiming for a move towards 100K $ (+10% increase).
📚Model (What's happening?):
✨Breaking resistance → When the price exceeds a resistance, it means that📈 buyers are stronger than sellers.
⚡After breaking resistance, the price often heads towards the next resistance level — which is now 100K $.
📊Trend overview:
📈Short-term trend: Strongly bullish
✅(buyers are in the lead!)
📈Medium-term trend: Bullish
✅(momentum is accelerating)
🔻Long-term trend: Still bearish
❌(but signs of recovery are appearing)
💥Momentum update:
🟢The MACD indicator is bullish — the MACD line is above the signal line (good news!)
but📉 the histogram bars are decreasing, which means the momentum is slowing down a bit.
⚖️ RSI (Relative Strength Index) is neutral — the price is neither overbought nor oversold (safe zone between 30–70).
🛡️Support and resistance levels:
Support zones:
🛑75,000 $ — first place to watch if the price drops.
🛑60,000 $ — stronger backup support if things get chaotic.
Resistance zones:
🎯100,000 $ — immediate price target!
🎯108,000 $ — next major resistance if 100K $ is broken!
📝Summary for traders:
👉Price action is becoming bullish with strong buying pressure.
👉Buying opportunities on pullbacks near 90K $.
👉Target 1: 100K $🎯
👉Target 2 (bonus): 108K $🎯
👉Stop loss idea: If the price falls below 75K $, be cautious 🎯