Bitcoin Price Drop Alert – The Next Step for Bitcoin Could Shock Traders!
🚨 $BTC
Bitcoin price hovers around 113K, and the moving averages have turned ...
🚩 Red flags you cannot ignore
We have three daily threats for reversal signals: evening star, tweezer top, and doji candle, stopping right at the resistance level. 📉 This combination often precedes continued declines at their highest levels. The MACD is buried below the signal line (bearish momentum), the volume oscillator is negative (the highs lack real participation), and the RSI ≈ 41.5 indicates that sellers still have room before anything looks oversold. Simply put: this pullback has legs.
What this means: Until the bulls reclaim the EMA range, the path of least resistance is down, and a failure to re-test EMA20/EMA50 sets up major short positions.
📊 Demand flow supports the bears
There is no clear buying margin. The imbalance in buying on the OB is 9.3%, which is below the 'safety line' of +10% that indicates supportive buying. Funding is around 0.0096% (neutral; no pressure), while open positions remain stable, prompting a faster move in case support collapses. 🧨 If the price drops, these positions could fade away.
🧭 The line in the sand
As long as the Bitcoin price remains below the 114,682-116,339 level (EMA 20/EMA 50 range), every rise represents another opportunity to take profits. If the price loses the EMA 200 at 103,377, trading will quickly begin at the nearest green support at 100,000. If the price retraces from the 100,000 level, the 98,200 level will be the weak point where selling could accelerate.
Bullish repair plan: Bulls need a strong daily close above the exponential moving average range (≥116,339) with increasing trading volume to neutralize the reversal setup and reopen the upward path to 120K → 124,474. Until then, the upside remains limited.
✅ Practical advice (not financial advice)
Bias: Bearish while below 114,682–116,339.
In case of short selling: Look for failed re-tests of the EMA range; confirm with weak push volume and trading momentum retreating again.
Invalidation: Daily close above 116,339 with expanding volume and rising MACD.
Negative check points: 110K → 106K → 103,377 (EMA200) → 100K → 98,200.
Risks: Track with ATR/EMA; expand at levels; avoid over-leveraging.
🧨 Judgment
Unless proven otherwise, the path of least resistance is down. A negative daily close from here could quickly push Bitcoin price toward 100K. Don’t let yourself risk a large loss at resistance.
⚠️ Final warning and reminder
Cryptocurrencies are highly volatile and can move violently around these levels. Always be sure to define your position sizes, set them cautiously, and use strict stop orders. This is not financial advice, but protect your capital first, then pursue profits. 🙏
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