After breaking the downward trend at $85,100 and achieving a rise to $86,400+, it is now correcting and standing at $83,857.
The bullish scenario:
Staying above $86,100 with today's candle closing = confirmation of breaking the trend.
Our first target is $88,500, and if we surpass that, we will head to $92K and then to historic numbers!
This is the same scenario we warned about a week ago... and it worked!
But is this confirmed? No, not yet! Let's see the full picture.
---
The bearish scenario (if it fails to hold):
Returning below $83K might take us back to $81,400, a very important support level.
Breaking this support would put $78,300 on the radar, and if that is lost... we might see $74,500!
And possibly $69,500
---
What does the technical analysis say now?
RSI at 37 = in the low neutral zone, meaning there is still room for upward movement, but momentum is weak.
MACD: slight negative crossover, indicating a possibility of a temporary correction or drop if momentum doesn’t return quickly.
Bollinger Bands: the price has returned inside the band after breaking the upper limit, which often happens before continuing the trend or correcting, so the battle is on!
---
Our message to you: The market is not a random place; every step is calculated! Stay updated with Shart Sharks continuously... and don’t enter a trade without clear bullish and bearish scenarios in front of you!
Engagement question: If Bitcoin drops to $78K, will you buy or wait? Write your opinion below!
Shart Tip: There’s no such thing as a “once-in-a-lifetime opportunity” without capital management... the real opportunity is when you are ready for any direction!
"A trader entered into a single trade... and lost his entire house! 🏚️"
"Omar (pseudonym) was convinced that crypto was the path to quick wealth. He watched YouTube videos about leveraged trading and decided to try his luck!
🚀 He entered into a trade with 100X leverage, using all his money to quickly double his capital. 📉 The market made a sudden reversal... and his entire account was wiped out in seconds! 🏠 Omar was forced to sell his car and take out a loan to pay off his debts!
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Leverage is a double-edged sword. If you don't understand it well, it can wipe out your account in an instant!
The most important rule in trading: "Don't risk more than you can afford!"
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🚀 Before vs After – Look at our greatness 😎 In April, we predicted Bitcoin's rise from the 94K levels and set clear targets 📈 Today? The market has achieved 118K+ ✅ The analysis was accurate, the scenario was realized, and this is just the beginning 🔥
📈 Bitcoin (BTC/USDT) is currently trading near $94,000. The chart shows support at $93,014 and $91,192. Previous resistance levels have turned into strong supports, reinforcing the bullish scenario. ➡️ The next bullish targets are around $99,474 and then $104,000. -
⚠️ Warning: Breaking the $91,192 level is an early signal of weakening bullish momentum.
🔥 "Bitcoin at a crossroads.. Is the explosion near?!"
🔍 Current price: $102,380 ⏬ After touching $111,980, we entered a long-awaited correction wave, but is it the end of the wave? Or just a recharge before flying?
🎯 Key support areas (according to the golden map):
$100,372 ← First real test
$99,615 ← Psychological and technical support
$97,604 ← The next gate is in real danger
$93,912 ← The big whales' area
📉 What do the indicators say?
RSI = 27 → In the oversold area
MACD = Sharp negative but we might see a positive divergence soon
Low trading volume during the drop = Could be a corrective trap
💡 What’s the likely scenario?
1. Bounce from above 100K = We go back to test 105K → 107K
2. Breaking 97.6K = The road to 93K is open
🚨 Light warning: Breaking $93,912 will completely change the scenario and threaten the upward trend!
🔥 "Bitcoin at a crossroads.. Is the explosion near?!"
🔍 Current price: $102,380 ⏬ After touching $111,980, we entered a long-awaited correction wave, but is it the end of the wave? Or just a recharge before flying?
🎯 Key support areas (according to the golden map):
$100,372 ← First real test
$99,615 ← Psychological and technical support
$97,604 ← The next gate is in real danger
$93,912 ← The big whales' area
📉 What do the indicators say?
RSI = 27 → In the oversold area
MACD = Sharp negative but we might see a positive divergence soon
Low trading volume during the drop = Could be a corrective trap
💡 What’s the likely scenario?
1. Bounce from above 100K = We go back to test 105K → 107K
2. Breaking 97.6K = The road to 93K is open
🚨 Light warning: Breaking $93,912 will completely change the scenario and threaten the upward trend!
"It's not a matter of preference. Binance removes pairs that have weak liquidity or low trading activity in order to maintain a strong and fast user experience."
"Is this a correction or a whale trap?! Bitcoin at a crossroads after a historic rise" 🔥👇
The analysis not only hit the target... it scored the goal and the assist! Since April 27 we said:
"Breaking $99,474 opens the way to $104,000. Today? Bitcoin reached $111,980... and then? A clear correction occurred... and that’s very normal after a violent rise.
So what next? Is this a collapse? Or a pause and continue?
Let’s see the picture from the whales' perspective and the indicators:
Strong support at $104,406 and $105,318.
A critical level at $107,016 = the area of willpower testing.
RSI is currently near 21 = a clear oversold area.
MACD is negative but it's also nearing saturation.
What’s the likely scenario? A technical rebound from these areas is not out of the question, especially if the whales are the ones liquidating temporary short positions.
But... A clear break below $104,000 with high momentum could open the way for a retest of $102,000.
We are at a crossroads... And those who observe instead of predicting are the ones who win.
What is this?! Weren't we saying this 3 weeks ago? Check the post from April 27…
> "Breaking through $99,474 opens the way to $104,000" Today? BTC hit $110,000 as if the post was a leak!
So not only did it hit the target, it embraced it and went beyond!
For those who thought we forgot to update… No, my friend, We are monitoring… we are observing… and letting the market speak for us.
And this is a simple confirmation that analysis does not provide roses, it provides opportunities. Tell us your opinion: Is this the beginning of the major wave? Or should we start drawing new corrections?
📈 Bitcoin (BTC/USDT) is currently trading near $94,000. The chart shows support at $93,014 and $91,192. Previous resistance levels have turned into strong supports, reinforcing the bullish scenario. ➡️ The next bullish targets are around $99,474 and then $104,000. -
⚠️ Warning: Breaking the $91,192 level is an early signal of weakening bullish momentum.
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What does Multisig fraud mean? And how to avoid it?
Fraudsters are developing their methods, and one of the latest scams in the crypto world right now is: the Multisig wallet scam.
In this type of fraud, the attacker convinces the victim to share a Multisig wallet with them — which is a wallet that requires more than one private key to execute transactions, creating an illusion of security and shared control.
Once they gain trust, the fraudster has the victim sign a transaction giving them full control over the wallet or assets.
✅ How to protect yourself?
Do not participate in a wallet or sign with someone you do not trust 100%.
Always review the details of any transaction before you sign — even if the wallet looks trustworthy.
Use wallets and tools from trusted and well-known sources only.
Bitcoin (BTC/USDT) analysis on the daily frame! Current price: $102,930 (+0.16% in 24 hours). The market is active with a trading volume of $2.81 billion! What's happening? The price is close to a strong resistance level at $104,999. If it breaks through, we might see an upward surge to $105,848!
If the market corrects, the nearest support is at $102,305, and below that it could drop to $99,912.
What do the indicators say? RSI (83.26): Bitcoin is in the overbought zone! This means the price is very high, so be cautious of a potential correction.
MACD (607.63): The upward momentum is still present, but be careful!
Bollinger Bands: The price is above the upper line ($103,031), indicating strong movement, but a pullback is possible if the market calms down.
What's the next step? If you want to buy: wait for a breakout at $104,999 with confirmation, or buy at the support of $102,305 if the price returns.
If you want to sell: take your profits near $105,848 if the price reaches there.
Advice: The market is volatile, always set a Stop Loss! And this is not investment advice; the market is at your own risk.