$BTC
📉 Bitcoin Movement Update – 4h Frame
Today, we witnessed a surprising movement in Bitcoin, as the price dropped by over $5,000 to settle near $100,000.
This movement, while shocking to some, is very natural, and we had warned last week about the possibility of it occurring… in fact, we mentioned that it could just be the beginning.
🔻 The current trend indicates a potential drop towards the $97,500 area, then $93,000 – $93,500, which are highly likely targets.
If the $93,500 level is broken, we could see Bitcoin heading towards the $70,000 area as July approaches.
🎯 The current technical analysis shows the following:
• Clear targeting of the Fair Value Gap (FVG)
• We expect a temporary bounce from that gap, then a break below it later
• The weekly frame shows a clear negative trend, and there are no real technical signals for strong upward movement currently
• We say with an 80% probability that Bitcoin
will target areas around 74k in the coming days
⚠️ Any channels discussing the possibility of Bitcoin rising to $130,000 these days are promoting unrealistic ideas that contradict the current price behavior.
