**Is it a correction or a new opportunity for $BTC?**
Since its all-time high of $111,880, Bitcoin has fallen approximately 7%, settling around $104,000🟡 .
📉 Context of the movement:
The drop is a healthy technical correction following a historic rally, compounded by macro pressure from tariff uncertainty in the U.S., which raised bond yields and reduced risk aversion .
In a recent session, BTC traded below $105K, also affected by profit-taking in altcoins .
🧭 What do analysts say?
According to CoinDesk, the current behavior resembles a “head and shoulders” pattern on the hourly chart, suggesting short-term bearish pressure with key supports at $100K and $95.5K; a recovery above $107K could invalidate the technical correction .
🎯 Market strategies:
✔️ Buying opportunity for the medium-long term: If support around ~$104 K holds, the pullback could be an entry point to ride the next bullish wave.
🕐 Caution in the short term: A break below $100K/$95K could intensify the drop. It’s ideal to wait for confirmation in daily closes.
💡 Binance Recommendation:
🚀 Use your app to enable alerts near key levels ($104K, $100K, $95K).
📊 Take advantage of features like Spot Grid or DCA for automated strategies during corrections.
🎧 Check out Binance Academy and analytical videos to delve into technical and macroeconomic patterns.
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🧠 What do you think?
Is it time to buy the dip taking advantage of the entry point?
Or do you prefer to wait for confirmations before taking a position?
Leave your comments and let’s build the analysis together👇
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