Current Price: $112,811
24H Low: $112,650
Support Zone: $111,920 (Recently tested)
EMA(20): 114,374
EMA(50): 115,366
EMA(200): 114,759
RSI(14): 36.81 (Weak Momentum)
MACD: Bearish crossover continuing
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🔍 Market Outlook:
BTC ne ek sharp rejection liya 115k zone se, aur abhi EMA cluster ke niche trade kar raha hai (20, 50, 200 — sab break ho chuke hain). Yeh market structure short-term bearish signal de raha hai.
🟥 Strong Bearish Candle ne 113k support ko tod diya hai, lekin price phir se $111,920 key level ko retest kar raha hai. Yeh level short-term bulls ke liye last hope ban sakta hai.
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📊 What to Watch:
1. $111,920 Support:
Agar yeh support break hoti hai to BTC ka next stop $111,561 ya even $110,000 psychological zone ho sakta hai.
2. RSI Near Oversold:
RSI 36 pe hai, is liye temporary bounce possible hai — lekin trend abhi bhi sellers ke haath mein hai.
3. MACD Confirmation:
MACD still below zero, histogram bhi negative — koi bullish divergence abhi tak confirm nahi hui.
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🧠 Strategy:
Scalpers & Intraday Traders:
Support zone ke near quick scalps possible hain, lekin tight SL zaroor lagayen.
Swing Traders:
Jab tak BTC EMA(20) ke upar close nahi deta, long entries risky hain.
Confirmation Chahiye?
Wait for bullish engulfing candle or RSI divergence around 111k zone.
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✅ Summary:
> "BTC abhi battle zone mein hai — buyers weak hain aur sellers dominant. Jab tak 114k reclaim nahi hota, bears ka control zyada strong hai. Smart bano, impulsive nahi!"
