💎🔥 Bitcoin is at a crucial crossroads! 🔥💎
🏔️ After reaching new historical peaks, we are approaching a potential correction phase that will determine the market's path for the coming days and weeks!
📅 Important reminder:
August is historically a corrective month for Bitcoin ⚠️, corrections usually start between August 14 and August 20 📉.
📌 Critical support levels:
💠 First support: $110,000 ➖ Weak support ⚠️, may be easily breached.
💠 Second support: $105,000 ➖ Medium support 📈, potential positive rebound provided it holds for 3 days without breaking.
💠 Critical and pivotal support: $98,000 🔴 Very strong support 🚨, breaking it with a full daily candle may open the door for a violent drop ⚡.
⏳ The classic Bitcoin cycle trend (6–7 weeks) 🗓️:
Typically, the rise lasts 6–7 weeks before the first major correction.
We are now in the second week of the cycle, which means there is a chance for a temporary continuation of the rise before any drop.
📊 Possible scenarios until the end of August:
1️⃣ Limited rise above $123,000 before any correction 🌟📈.
2️⃣ Gradual correction towards $105,000 🔹 with a chance of positive rebound if the price maintains this medium support.
3️⃣ Strong potential drop to $98,000 🔥 if the medium support is breached and holds below ⚠️, risk management is essential.
💡 Summary of the analysis:
✅ The market is still bullish in the short term, but all possibilities are valid.
🔑 Risk management is essential, as everything is possible in the crypto world!
📊 Do not let greed tempt you, nor fear hinder your decisions, and closely monitor support levels.
🕯️ Advice for investors:
Watch daily candles 📈 to determine reversal points.
Do not enter trades on high attack ⚡ without a set stop loss.
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🌟 #Bitcoin #BTC走势分析 #crypto #استراتيجية_الصمود_الذهبي #BitcoinAnalysis #BNBBreaksATH
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