BTC/USDT Analysis | A Close Look at the Coming Hours
Bitcoin is now at 92,671 after a noticeable drop from the daily peak of 94,696. Is this the beginning of a reversal or just a warrior's pause before more bleeding?
What we see technically:
The price is currently below MA-25 (93,080), keeping the selling pressure intact.
The area of 91,660 has been a temporary bottom, and the price has bounced from it twice so far, making it a very sensitive support.
The MACD indicator is still in the negative zone but has begun to show a slowdown in selling momentum – watch for a potential bullish crossover soon.
Trading volumes have started to increase during the attempts to rise, indicating the entry of some smart liquidity.
The critical turning point? A strong candle closing above 93,250 means the beginning of a new bullish wave that could target 94,600 again.
The precise recommendation for speculators:
Safe entry: Only after a clear break and close above 93,250.
Quick entry/scalping: Buy on a confirmed bounce from 91,700 – with a tight stop loss below 91,600.
Exit: Any break of the previous bottom (91,660) with high volume = immediate exit signal.
Our expectations: If the price holds 91,700 as support, the coming hours may see a bounce towards 93K, while breaking it may push the price towards 90,000.
Be smart, don’t follow the market... understand it.
✍️: Ghaith