$BTC

🚀 Is Bitcoin preparing to rise or will we continue to fall? 📉

Bitcoin has been moving quite a bit in recent days, and the question on everyone's mind is: what will happen in the short term? 🤔

According to recent movements, there are several possibilities to consider:

Possible bearish correction: Some analysts suggest that Bitcoin could be in a bearish correction phase, with a possible target of around $92,350.

Key resistance zone: Bitcoin seems to have found resistance around the $97,700 level, and it has not convincingly managed to break through it. If it fails to break this resistance, we could see a pullback.

Support around $90,000: An important level to keep in mind as support is the $90,000 area. If Bitcoin falls below this level, selling pressure could intensify.

Present volatility: Volatility in the short term remains high, as indicated by some analyses.

As traders, you must be prepared for sharp movements in both directions.

The short-term outlook is uncertain. If Bitcoin manages to break the resistance of $97,700, we could see a bullish push towards $100,000. However, if selling pressure persists, we could see a drop towards $90,000 or even lower.

Stay alert and do your own research!

Will the Bears be liquidated? 🤔

Let me know in the comments your positions, Are you LONG or SHORT?