Hello my dear followers on Binance Square 👋🏻💚
After a clear failure to regain momentum above 116,566, BTC is heading towards a critical stage of correction...
But are we on the verge of the long-awaited violent drop? 🤔
🧠 A quick analytical glance (but deadly 👀):
🔻 General trend:
The market lost its balance after breaking the critical support at 114,723, and every attempt to rise crashes before reaching 117K — keeping the bears in the driver's seat!
📉 Relative Strength Index (RSI) (56.9):
Closer to calm... but still far from the saturation zone. Translation?
🚪 The door is still open for more downside!
⚠️ Stochastic:
A slight rise but fragile — just a temporary correction within a larger downtrend.
💀 MACD:
The negative crossover continues, and the momentum remains grim.
The message?: The market has not yet surrendered to the bulls.
📊 Trading volumes:
Shy... and does not support any sudden reversal in the scene!
🎯 Critical levels:
First support: 114,000
Next station: 112,500
Potential bloody target: 109,000 USDT — and here the battle between the whales may ignite! 🐋⚔️
🔮 Summary for followers:
Yes... the bearish scenario is still very much alive.
Unless we witness a decisive breakout above 116,500 – 117,000, the move towards 109,000 seems more than logical — in fact, likely 🔥
🚨 Sharp anticipation in the coming hours...
The market may pave the way for an explosion — either a deceptive bounce or bloody capitulation!