Bitcoin is teetering above the critical support line of $105,115, like a tightrope walker at height. The MACD indicator is alarming: the DIF and DEA lines are below zero and diving downwards, and the histogram (-27.5) screams 'weakness'! The daily low at $104,111 is like a safety net – if it breaks, the fall could be painful.
Three Scenarios I See Clearly:
* The Most Likely Scenario (Downward Pressure):
"If I see the price break $105,000 with the candle closing below it, I expect a quick drop to $104,500, followed by a battle at $104,111. The bears are in control here."
* Sudden Ascent (Golden Opportunity):
"If the price bounces strongly from $105,115 and breaches $105,380, we might see a surge to $106,000. But I doubt this – unless buying whales suddenly enter."
* The Time Bomb (Accumulation):
"If the price fluctuates between $105,115 - $105,380 for more than 4 hours, get ready for a volatility explosion. The breakout, either higher or lower, will be violent
* For Selling:
"Go short on a break of $105,100, and place a stop-loss above $105,380 to avoid a bull trap. The first target is $104,500."
* For Buying:
"Don't rush! Either wait for a test of $104,111 (with confirmation of a bounce), or a clear breach of $105,380."
"The indicators are currently leaning towards the bears, but don't invest all your capital! The market is like the sea – a rising wave might suddenly lift you despite all indicators."
> "Bitcoin is in a short-term danger zone. $105,115 is the line between despair and hope. If I were in the market now, I'd be with the bears cautiously, with a quick exit plan if the tables turn. Remember: the market devours the negligent
#BinanceAlphaAlert
#BTC
#bitcoin
#SaylorBTCPurchase
#CircleIPO
$BTC
