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ICT bull
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Bearish
$BTC /USDT – BEARS STILL IN CONTROL? OR IS A REVERSAL LOADING? 🚨🔥
Bitcoin has faced a massive sell-off, dropping to $82,223 before bouncing slightly. The question is: Is this just a dead cat bounce, or are bulls gearing up for a major reversal? Let's break it down:
📉 Key Levels:
Resistance: $97,000 – $98,500
Support: $95,000 – $96,000
🎯 Trade Setup: 🔴 Short Entry: $96,500 - $97,000
Target 1: $95,500
Target 2: $94,200
Stop Loss: $97,800
🟢 Long Entry: $97,500 (Breakout Confirmation)
Target 1: $98,500
Target 2: $100,000
Stop Loss: $96,700
📊 Market Outlook: $BTC is currently battling to hold $96,000 as support. A sustained move above $97,500 could push it towards $100K, while rejection here may lead to further downside pressure. Volume & RSI confirmation is key.
⚠️ Risk Management:
Use strict stop-losses to minimize risk.
Avoid FOMO; wait for confirmation.
Manage position sizing carefully.
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