Crash Warning? Bitcoin on the Edge of a Cliff! If it Falls Below the Neckline, It Could Plunge to $96,000!
Bitcoin's price is dangerously testing the limits! Currently approaching the neckline of the 'Death Head and Shoulders' pattern, technical analysts are sounding the alarm — if this key support level breaks, Bitcoin could instantly plummet to $96,000, with bears taking full control of the battlefield!
Although there was a short-term rebound to around $104,000, don't be fooled by the illusion! This rebound looks more like a 'sugar-coated shell' after a brief pause by the bears; once funds turn bearish again, selling will become a waterfall! The 'Prospect Theory' has long indicated — those who missed the previous drop are getting restless near the neckline.
Key Points: The $100,000 support is precarious; if it fails, $95,500 may become the next target for a fall. The RSI indicator is hovering around 50, with buyers and sellers fiercely battling it out; if it dips below, a neutral turn to bearish will lead Bitcoin to face the 'gravity' cleansing!
The global market is changing rapidly, with macro factors influencing everything! The 'Shura Field' of bull vs. bear has begun, and the coming days may witness a decisive battle for BTC's fate!
Investors Beware ⚠️: Be alert for the impending volatility; is it time to buy the dip? Or to take profits in time? This time, the power is in your hands!
