📉 Bitcoin Market Update (4H Chart)
🔻 Price: $104,231
📉 24h Change: -4.03%
📊 RSI (6): 10.27 – Extremely Oversold
📉 Trading below lower Bollinger Band
🕳️ Recent low: $100,372
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What’s Going On?
BTC is undergoing a healthy correction after peaking near $110.5K. Sharp sell pressure + RSI < 15 = panic-selling or stop-loss cascade. Volume spike confirms capitulation signs.
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Key Levels to Watch:
🔹 Immediate Support: $100K
🔹 Stronger Buy Zone: $94K–$96K
🔹 Middle BB (resistance): $108.4K
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What’s Next?
✅ Oversold RSI = potential short-term bounce
✅ Ideal for DCA spot entries
❗ Wait for confirmation: RSI reversal, candle closes above BB support
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💡 Long-term holders may consider this dip as an opportunity. Keep emotions aside. The trend is strong — but corrections are part of the game. Stay smart. 🧠🚀
