Bitcoin is at a critical decision point, and the next move could be massive. Let’s break it down:
📉 Bearish Scenario (Most Likely)
BTC has been consolidating, but it's now breaking below key support and trading under the 21-day VWMA (red line)—a strong bearish signal. If sellers take control, we could see BTC drop to:
🔻 $88,000 (0.5 Fib level) – First major support
🔻 $82,000 (0.618 Fib level) – Next key demand zone
🔻 $75,000 - $78,000 ("Panic Sell" zone) – A breakdown here could trigger liquidations.
📈 Bullish Scenario (Less Likely but Possible)
For BTC to reverse this bearish momentum, it must reclaim the 21-day VWMA and break above resistance at $98,000 - $100,000. A breakout above $100,000 would shift sentiment bullish and invalidate the bearish setup.
🔍 Key Takeaways:
✅ BTC is trading below the 21-day VWMA, signaling weakness.
✅ Bulls must reclaim resistance quickly to avoid deeper downside.
✅ High volatility ahead.
🚀 What’s your outlook? Will BTC bounce or continue dropping? Drop your thoughts in the comments!
📉 Bearish Scenario (Most Likely)
BTC has been consolidating, but it's now breaking below key support and trading under the 21-day VWMA (red line)—a strong bearish signal. If sellers take control, we could see BTC drop to:
🔻 $88,000 (0.5 Fib level) – First major support
🔻 $82,000 (0.618 Fib level) – Next key demand zone
🔻 $75,000 - $78,000 ("Panic Sell" zone) – A breakdown here could trigger liquidations.
📈 Bullish Scenario (Less Likely but Possible)
For BTC to reverse this bearish momentum, it must reclaim the 21-day VWMA and break above resistance at $98,000 - $100,000. A breakout above $100,000 would shift sentiment bullish and invalidate the bearish setup.
🔍 Key Takeaways:
✅ BTC is trading below the 21-day VWMA, signaling weakness.
✅ Bulls must reclaim resistance quickly to avoid deeper downside.
✅ High volatility ahead.
🚀 What’s your outlook? Will BTC bounce or continue dropping? Drop your thoughts in the comments!
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