🚨 Bitcoin (BTC) Analysis - A Critical Moment in the Market! 🚨
📉 Bitcoin is down 12% from its highest level this year! Will it recover or continue to decline?
💥 Currently, Bitcoin is trading at $110,000, in a continuous decline due to massive sell-offs!
📉 Is this the beginning of a larger drop? With the 100-day moving average being surpassed, can we see further declines towards $105,000?
🔍 Technical indicators say:
🚨 The double top near $112,000 warns of a potential crash!
💥 Technical candles indicate a "hammer candle" which could be the start of a recovery!
📉 Fibonacci levels show strong resistance at $112,000, if broken, we expect a significant drop!
💭 Do you think this is a buying opportunity or should caution be exercised?
🔮 What will be the next trend for Bitcoin?
