Yes no, there will be a slow correction for about a week to a new low point after it will rise somewhere to 97000
crypto_kaiser225
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Bullish
$BTC at $100k profile shot and potential entry point 📈📊
1. General analysis 🚀
Current price: 100,271.69 USDT with a variation of +0.58%.
Trend: The price is showing a recovery after a bounce from lower levels (~97,000 USDT).
Indicators used:
Adaptive Moving Average (MA): Indicates a short-term bullish trend.
MACD: Near a bullish crossover, signaling a possible resumption of the upward momentum.
RSI (14): At 58.30, which indicates a neutral to slightly bullish trend. Not yet in the overbought zone.
2. Potential entry points:
Key support zone: 97,400 - 98,000 USDT. If the price returns to this zone with a reversal signal (bullish candles or positive divergence on the RSI/MACD), this could be a good entry point
Bullish: A clear break above 100,800 USDT, the high of the last 24 hours, could signal a potential upside
3. Potential exit points:
Key resistance zone: 102,000 - 103,000 USDT. If the price reaches this zone, watch for signs of exhaustion such as a bearish divergence on the RSI/MACD.
RSI near 70: If the RSI enters the overbought zone (>70) and the price approaches a resistance, this could be a good time to exit.
Stop Loss: If you enter at 97,400 USDT, a stop loss just below 96,500 USDT would limit losses.
4. Suggested Strategy:
Bullish Scenario: Buy if the price breaks above 100,800 USDT with strong volumes. Partially take profits at 102,000 USDT and adjust your stop loss to lock in gains.
Bearish Scenario: Wait for a pullback to the support at 97,400 USDT to buy, with targets at 100,000 - 101,000 USDT.
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