$BTC

🟡 BTC On May 1st, BTC broke through 95,000 USD, and bulls were once extremely excited, feeling that the 100,000 USD mark was within reach. But the next day, it immediately fell sharply, bringing people back to reality.

🟢 Bullish Scenario: The key is whether 95,000 USD can hold steady!

Currently, the 20-day moving average is at 90,036 USD, and the RSI is still in the positive zone, indicating that the overall trend remains bullish.

👉 If BTC can strongly rebound from the 95,000 USD + 20-day moving average area:

First target looks towards the previous high of 97,895 USD

Once it stabilizes, there is hope to sprint towards the 100,000 USD mark

After breaking through, the most optimistic target could even reach 107,000 USD

🔴 Bearish Scenario: Failed rebound = Bull market trap?

What we fear the most now is: if 95,000 cannot hold, and even the 20-day moving average breaks —

Then this previous spike could very well just be a “false breakout”

The target directly looks towards the 50-day moving average: 86,897 USD

🔍 The 4-hour chart is more critical: momentum is fading!

How does the 4-hour chart look?

RSI has dropped below the midpoint, bulls are weakening

The moving averages are also starting to “lie flat,” momentum is weakening

If BTC falls below 95,000 USD:

It may first look towards 92,791 USD

Further declines would reach 91,660 USD

If it drops below 91,660, then the target is 86,000 USD!