📊 Analysis $BTC 20 June, 17-10

Current price: $105,591.16

24h maximum: $106,524.65

24h minimum: $103,929.27

+1.06% for the day, but the last candles are red, indicating a local correction after a sharp rise

📈 Indicators:

RSI (6): 18.79 — oversold, high probability of a local bounce upwards

MA (7) and MA (25): The price has broken below the moving averages from above, indicating a loss of momentum.

MA (99): Remains below, acting as a support zone (approximately $104,600).

📉 Trading volumes:

The last red candle was on increased volume, which may signal panic selling or short capitulation.

📌 Forecast for the coming hours: 🔹 Likely scenario:

— The price may bounce upwards to $105,800–106,000, considering the RSI in the oversold zone.

— If there is no strong buying, a decrease to the support zone of $104,600 (MA99) is possible.

🔒 Risks:

— If BTC settles below $105,200, this will open the way to $104,200–104,000.

📣 Conclusion:

– For long: wait for confirmation of a reversal (strong green candle + increasing volumes).

– For short: a potential retest of the $106,000 zone may provide an entry with a short stop.

🧠 Tip: now is not the moment for emotional trades, better to wait for a clear signal 📉📈

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