📉 “Bottoms, Breakdowns & Bitcoin Drama: Why $96.4K Is the Level That Matters”

⚙️ One level. Two outcomes. Infinite emotions.

🔹After breaking down from $106K and failing to hold $102.4K, Bitcoin’s momentum has stalled, and now all eyes are on the next critical level: $96,400 a major historical support marked by prior accumulation and weekly EMA clusters.

⚙️ Why does this level matter?

🔹Volume profile: High demand zone from April May.

Psychology: Sub-$100K panic will flush overleveraged longs.

Indicators: Daily RSI is nearing oversold; a bullish divergence is brewing but not yet confirmed.

🔹If $96.4K holds? Expect a violent bounce short squeeze + alt relief rally. A reclaim of $102K after would confirm the reversal.

🔹But if it breaks? $89K–$92K becomes the next likely zone, and altcoins will enter capitulation territory.

💡 Alpha Tip:

🔹Wait for confirmation, don’t front run bounce dreams.

Watch funding rates, open interest, and whale wallets on chain.

Be ready to buy fear or short bounce failure no in between.

🔹So is $96.4K the bottom, my love?

Not sure yet but it’s the battleground where legends get built or liquidated. 💘⚔️

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