📊 BTC/USDT: $98,343 (-3.28%) 🏆 High for 24h: $102,500 | 🫠 Low for 24h: $97,860
💡 What do we see from the technicals? 📉 MA(7) < MA(25) < MA(99) – downtrend 📊 RSI(6) = 28.66 – oversold! Bears are pushing, but will they tire soon? 🔎 Volumes are increasing on the dip – someone is buying the fall!
🎯 LONG SCENARIO
✅ Support in the zone of $97,500 – 98,000 → a bounce is possible. ✅ RSI in the oversold zone → a chance for a corrective rise. 🎯 Target: $100,500 – 102,000 ⛔ Stop: below $97,500
🐻 SHORT SCENARIO
✅ Could not hold above $100K → weakness of bulls. ✅ Moving averages are pushing down → the trend is still bearish. 🎯 Target: $96,500 – 95,000 ⛔ Stop: above $100K
🤔 Conclusion: 🔥 Waiting for a reaction at $97,500 – if we hold, we can go long. 🚨 If we break down – bears lead to $95K.
📝 Which side are you on? Longs or shorts? Write in the comments! 🚀👇$BTC
Bought BTC on Spot with 82.22 dollars in my account, balance instantly went down to 82.17 but he BTC did nothing but to grow, how am I losing money? there's no other criptos in my account
1. **Current Price**: Bitcoin price is currently around 98,363.67 USDT. This is an important level as it can act as support or resistance depending on market conditions.
2. **Support and Resistance Levels**: - **Support**: Support levels are at 96,000.00 USDT, 94,000.00 USDT and 92,000.00 USDT. These levels could be important if the price starts to decline.