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TOKEE
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Don't be surprised if my analysis is correct #TOKE $BTC #90k
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Based on technical analysis, it is still possible for BTC to reach $90,000, but there are several factors to consider: Bearish Signals Toward $90,000: Prolonged Sideways Movement BTC has been consolidating around the $95,000 level. If the strong support at $93,600 breaks, it could trigger a deeper drop. Decreasing Volume + Weak MACD Volume is currently declining, and the MACD is below the zero line—this indicates weakening momentum and a possible correction. Key Support Levels If BTC breaks below $93,600, the next target zone is likely around $92,000 – $90,800. However, for BTC to hit $90,000: A strong bearish catalyst is needed, such as negative economic data, poor market sentiment, or global market pressure. At the moment, there’s no clear breakdown, but if BTC fails to break above $95,000 and instead drops below $93,000, the chance of hitting $90,000 increases significantly. Conclusion: BTC may reach $90,000 if the $93,000–$93,600 support breaks with strong selling volume. As long as the price holds above that area, the drop is not yet confirmed. #TOKE $BTC
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Hallo I'm Back 1. Sideways / Consolidation Phase BTC is currently moving sideways in a narrow range between $95,000 – $95,700 after a strong rally from around $83,900. The price is struggling to break the resistance at $95,769. Strong support is seen around the $93,000 – $93,600 area. 2. Moving Averages (MA) MA(5) (yellow line) = 6,203,204 and MA(10) (purple line) = 8,689,200 → The short-term MA is flattening, indicating that the trend momentum is weakening. --- 3. MACD MACD is currently below the zero line, showing fading bullish momentum. The MACD histogram is flat, which usually signals market indecision (no strong direction yet). --- 4. Volume Volume is decreasing, showing a lack of strong buying or selling pressure—typical before a breakout. --- Near-Term Scenarios: If it breaks upward (resistance breakout): Short-term target: $96,500 – $97,200 Condition: Needs strong volume and a solid candle close above $95,770. If it breaks downward (support breakdown): Target: $92,000 – $90,800 Valid if price breaks and closes below $93,600. --- Conclusion: BTC is currently in a consolidation phase. Watch for a breakout to the upside with strong volume or a breakdown if selling pressure increases. For short-term trading or scalping, it’s better to wait for a confirmed breakout or breakdown. $BTC #TOKE
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