Hereโs a tweet you can post:
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Good afternoon, Binance Fam! ๐โ
In my previous analysis, I warned about #Bitcoinโs potential decline, and it has now dropped from $93K to $87K, just as anticipated. While $BTC could still reach $100K, $150K, or even $200K, a deeper correction to $40Kโ$50K remains possible.
#BTC /USDT โ Consolidation After a Major Drop: Whatโs Next?
๐ Current Price: $83,672 (-9.00%)
๐ 24h Low: $82,464
Key Levels to Watch:
๐น Resistance: $85,000 โ Breakout targets: $87,500 & $90,000
๐น Support: $82,500 โ Breakdown targets: $80,000 & $78,500
Market Insights:
๐ Parabolic SAR: Bearish control
๐ MACD: Weak momentum, potential reversal
๐ Volume: High but indecisive
Trade Setup:
๐ฐ Long Entry: Above $85,000, targeting $87,500 & $90,000
๐ฐ Short Entry: Below $82,500, targeting $80,000 & $78,500
โ ๏ธ Stop Loss: $83,000 for risk management
BTC is stabilizing after heavy selling. The next move will determine its short-term trend.
Whatโs your strategyโbuy now or wait for lower levels? ๐ค
#Bitcoin #Crypto #BEARISH๐ #Trading
๐ข Disclaimer: Not financial advice. Third-party opinions included. See T&Cs.