Must read this article to get it into the safe zone.
🚨 $BTC Bitcoin is struggling around $113K, and both the EMA20 (114,681.94) and EMA50 (116,338.76) have now flipped into overhead resistance after a sharp rejection at $124,474. 🔻
This shift is a major red flag—BTC is trading under its fast EMA band, turning every bounce into a potential sell-the-rip opportunity. Order books show heavy sell walls waiting to cap weak rallies. 🧱
🚩 Key Bearish Signals in Play
Triple daily reversal patterns flashing red: Evening Star, Tweezer Top, and Doji right under resistance.
MACD stuck below signal line → bearish momentum.
Volume Oscillator negative → weak rallies.
RSI at 41.5 → sellers still have room before oversold.
In plain terms: this pullback looks far from over.
📊 Order Flow Tilts Bearish
Buy-imbalance: 9.3% → below the 10% “safety line.”
Funding: 0.0096% → neutral, no short squeeze risk.
Open interest strong → risk of a rapid flush if supports break.
🧭 Critical Levels to Watch
Below 114,682–116,339 (EMA20/EMA50) = bearish bias intact.
EMA200 at 103,377 → key support.
If 100K breaks, expect fast drop toward 98,200.
Bullish recovery plan: Only a daily close above 116,339 with rising volume can reopen upside toward 120K–124,474.
✅ Actionable Takeaways (NFA)
Bias: Bearish under 114,682–116,339.
Short setups: Failed EMA retests + weak volume = opportunity.
Invalidation: Daily close above 116,339 with strong momentum.
Downside levels: 110K → 106K → 103,377 → 100K → 98,200.
Risk: Use stops, trail with ATR/EMA, avoid over-leverage.
🧨 Verdict
As long as BTC remains trapped under the EMA band, the path of least resistance is down. One bad daily close could drag price swiftly toward 100K. ⚠️
Always remember: crypto is volatile—protect your capital before chasing gains. 🙏
👉 Trade $BTC here #CryptoRally
