$BTC TC Hello, people! 👋 Looking at the 15-minute chart of Bitcoin, we see that after the surge to nearly $98k, it had to correct! Now it's fighting near $96,600, and honestly, the short-term signals are not the most encouraging at this moment. But, what if for some reason you felt you had to trade right now? Let's analyze it and propose some hypothetical ideas,

The Reality of the Chart (Quick Analysis 📉):

* BTC is clearly in a corrective phase after hitting the peak of ~$97.9k.

* The price is BELOW all major moving averages (MA7, MA25, and MA99) in this 15-minute chart. Technically, this is not a good short-term signal.

* Moreover, the fast moving averages (7 and 25) have already crossed downwards to the slower moving average (99), reinforcing the idea of immediate bearish pressure.

* Right now, it is trying to hold support in the area of the recent low (~$96.35k).

* The moving averages (~$96.7k - $96.9k) above it are now acting as resistance.

What to Do if You Have to Press the Button? (HYPOTHETICAL Ideas - NOT Advice! ⚠️):

Ok, if despite the conditions not being ideal, you felt the urgent need to enter the market right now... what hypothetical options could be considered based solely on this chart? Always remember that forcing trades is very risky.

* Option 1 (Follow Technical Signals - Look for Short):

* Logic: Since the main signals (price below MAs, bearish crosses) point to weakness, trading in favor of that signal could make more technical sense.

* Possible Application: You could wait for a small bounce towards the resistance area of the MAs (~$96.7k-$96.9k). If the price gets there and shows clear rejection (cannot pass, leaves long wicks above), perhaps a SHORT entry (sell) could be considered.

* Management: A stop-loss is MANDATORY and should be placed above that resistance (e.g. >$97k). The targets would be $96.35k and, if it breaks, the area of $95.1k.