$BTC BTC

Everything is in front of you, and the scenarios are clear… just listen and focus.

The current price of Bitcoin is around $96,357, after hitting $97,895 and refusing to continue above.

Now it stands at a crossroads between resistance followed by resistance, and supports that aren't leaving each other!

The bullish scenario?

It must clearly break above $97,167 and close above it.

At that time, the road is open to $98,592 and then to the $100k dream of the whales.

From there, we can easily reach a new peak 🚀

But what if we crash? The bearish scenario is ready:

Breaking $93,312 followed by $92,972 = red card.

At that time, the nearest support is around $91,090, and if we fall further, you have descending stations:

$88,514 > $86,567 > $83,715

Shall we go to the indicators?

MACD: Entering a negative zone but there hasn't been a violent break yet.

RSI: At 47, which means it’s neither overbought nor oversold... neutral, but closer to correction.

Stochastic RSI: Falling from above, which supports the probability of a temporary cooling.

Summary:

The market is confused, pointing towards a pullback or cooling before a big decision.

The whales are watching, and we are with them on the radar.

Do not enter randomly, determine the scenario that suits you, and work with a clear stop.

#Write2Earn