$BTC the process of creating FOMO for retail begins!

Currently, BTC after the process of creating the Buying Climax zone at the price level of 94.9k has started to create the first reaccumulation zone at the price level of 92k - 94.9k to begin absorbing the selling pressure at the 94.9k zone. And if this absorption process is successful, we will see a strong push of BTC above the 95k zone similar to the successful supply absorption phase on 18/10/2024. After this successful supply absorption phase, BTC will have a slight price increase surpassing the levels of 96k - 97k and then continue to reaccumulate to further test supply and demand at higher price levels by creating a sideways price zone in a narrow range with a sudden decrease in volume similar to the sideways phase at higher price levels during 19 - 20/10/2024.

If in this reaccumulation price zone (92k - 94.9k) today we do not see a session activating the cash flow up to the 95k zone, then a worse scenario will occur for BTC similar to the phase on 30/10/2024 when at this price zone, not only was there no institutional cash flow entering to push the BTC price up, but there was also a selling pressure appearing, then surely BTC will fall deeply into lower price zones and begin the process of seeking new cash flow similar to the phase of searching for cash flow on 5/11/2024. If this scenario occurs, then the downtrend process will last at least 5 - 7 days before BTC increases in price to break the 94.9k zone at the current stage.

So in the reaccumulation price zone in this dangerous area, we do not know which scenario will occur, and if participating at the current stage, it is very risky if caught in an institutional sell-off or if buying more.