📉$BTC in Critical Zone: Imminent Rebound or Further Fall? 🚨

📊 BTC/USD Technical Analysis (4H Chart)

Bitcoin has experienced a sharp drop in recent sessions, standing at $84,727 at the time of analysis. Selling pressure continues to dominate, but indicators show mixed signals that could define the next market move.

🔎 Key Indicators:

✅ RSI (7) - 23.30 | Extreme oversold, possible technical bounce.

✅ Momentum (7) - 95.58 | Signs of slowdown in the fall.

✅ ADX (14) - 53.47 | Strong bearish trend, confirming seller dominance.

✅ Volume | High in the fall, but with recent decline, indicating possible exhaustion of sellers.

📌 Possible Scenarios:

🔴 Bearish Scenario (60-70%)

• BTC continues with the downtrend if it fails to recover the $85,500 - $87,500.

• Next supports: $82,000 - $80,000.

🟢 Bullish Scenario (30-40%)

• An oversold-driven technical bounce could lead BTC to test resistances at $85,500 - $87,500.

• To confirm a trend reversal, it must break $90,000 with volume.

⚡ Conclusion and Strategy:

The market remains tilted downwards, but extreme oversold trading could trigger a bounce in the short term. Short-term traders can take advantage of the volatility, while long-term traders should wait for confirmations before entering.

📌 Bullish or Bearish? Leave us your opinion in the comments. 👇🔥