$BTC 📊 BTC UPDATE – Comprehensive Technical Analysis 📉
As I mentioned earlier, the area shaded in green (EMA 50) was a critical support level that should not be broken, and the price rebounded from it accurately ✅
✅ The positive scenario has been successfully achieved:
Bitcoin touched the support area at $100,000 (as we identified it as a buying area), then rebounded strongly to reach $108,000 💥
📈 Technical pattern: Bullish Flag supports the continuation of the upward trend as long as it holds.
🔁 But let me remind you of something important as professionals:
📌 Technical analysis is always based on probabilities, which is why I always share more than one scenario – whether upward or downward – so we are prepared for any market movement.
📌 The negative scenario I was expecting in case of breaking support did not materialize, and this is normal in the markets – the most important thing is to be prepared in advance.
📌 Therefore, I always advise:
• Entering in phases
• Selling in phases
• Managing capital wisely
🎯 What has been achieved:
• ✅ Entry from: $102,000
• 🚀 First target: $108,000 (achieved)
• 📉 The negative scenario was avoided thanks to the technical consolidation at support
But caution is still required; the downward scenario is still valid.. so selling should be done.