Is the Bitcoin rally over? 📉
BTC breaks down… time to buy or get out?
Bitcoin is at a critical point.
After hitting $111,980, it’s now pulling back sharply to $105,518, currently trading below the 7 and 25-day moving averages — a bearish signal for short-term momentum. ⚠️
If BTC fails to reclaim the $107K–$108K zone, we could see a drop toward $97K or even $93K, where the 99-day moving average offers stronger support.
📉 Scenario 1 – Bearish:
A break below $102K might lead BTC to test the $97.3K zone — a possible bounce or accumulation area.
📈 Scenario 2 – Bullish:
If BTC closes strong above $107K again, we might see another breakout attempt above $111K, with a medium-term target at $120K.
🔁 My strategy:
First buy zone: $97K–$100K
Second buy zone: $93K
Target: $111K–$120K
Stop loss: below $89K
💥 But here’s the question:
Is this a buying opportunity or the beginning of a bigger dump?
👇 Drop your opinion.
