$BTC

🚀 Bitcoin's Next Move: Will BTC Rebound or Crash? ⚡️

📝 Brief Intro

Bitcoin is struggling around $83,250, facing resistance at $84,756 while bouncing from $82,244. Is this a fakeout or a true reversal? Let’s break it down!

🕰️ Timeframe:

5-Minute Chart (Scalping Setup)

📊 Market Overview & Detailed Analysis

Trend: Short-term bearish, but showing signs of a possible recovery.

Key Levels:

Resistance: $84,756, $85,091

Support: $82,244, $82,739

Indicators:

RSI: Near 60 – approaching overbought zone, could face rejection.

MACD: Weak momentum, potential bullish crossover forming.

Volume: Decreasing – lack of strong buying pressure.

⚡ Entry & Targets 🎯

📈 Long Entry: Above $83,500

🎯 TP1: $84,328

🎯 TP2: $84,756

🛑 SL: $83,000

Leverage: 5-10x

📉 Short Entry: Below $83,000

🎯 TP1: $82,500

🎯 TP2: $82,244

🛑 SL: $83,400

Leverage: 5-10x

🔥 Pro Tip:

Wait for a breakout confirmation with strong volume before entering a trade. Fakeouts are common in this range!

📌 Conclusion

BTC is at a crucial level! A breakout above $83,500 could push it higher, while a rejection may trigger another dump. Watch RSI & MACD closely before jumping in!

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