Analysis + forecast 🍋🍋🍋 $BTC → locally bearish trend, but with signs of stabilization.
RSI(6) ≈ 33 → almost in the oversold zone, a signal for a possible bounce upwards
⚖️ Key levels $BTC
Support: 117,600 – 117,200 (the day may hold this range)
Resistance: 118,100 – 118,400 (MA25 + previous highs). If broken, we can expect 118,800–119,000
📈 Forecast for today:
1. Bullish scenario 🐂
If BTC holds 117,600, a bounce to 118,200–118,400 is possible
Supported by RSI (oversold) and decreasing sales volume
2. Bearish scenario 🐻
If the price breaks down below 117,600 and holds, the road is open to 117,200, possibly even 116,800
3. Basic (likely) scenario ⚖️
Consolidation in the range of 117,600–118,300 with minor bounces
🚀 Trade idea (today):
Long: from 117,600–117,700 with a take profit near 118,200–118,400, stop below 117,200
Short: if they break and hold below 117,200 → target 116,800
🔑 Overall, BTC is currently in a phase of a short-term bounce, but so far it looks globally like an accumulation zone, not a strong reversal.