Bitcoin Big Decision: $100k Breakout or $75K Drop?
#Bitcoin Big Decision: 100k Breakout or 75K Drop?
🔰 Key Levels:
▪️ 100k Resistance:
BTC is showing weakness around this psychological level due to low trading volume.
▪️ Swing Low Support: $95,650 – A breakdown here could signal bearish momentum.
▪️ Trendline Resistance: $94,100 – Breaking below this level may lead to a 10%-20% correction.
🔰 Bearish Outlook:
If #BTC breaks both $95,650 and $94,100, downside targets are $85,000 and $75,000.
🔰 Bullish Case:
If BTC holds above $94,100, a continuation toward 120K is possible, supported by volume.
⚠️ Risk Management: Current volatility is high. Traders should monitor these key levels closely and use stop-loss orders to mitigate risks.
🔰 Key Levels:
▪️ 100k Resistance:
BTC is showing weakness around this psychological level due to low trading volume. ▪️ Swing Low Support: $95,650 – A breakdown here could signal bearish momentum.
▪️ Trendline Resistance: $94,100 – Breaking below this level may lead to a 10%-20% correction.
🔰 Bearish Outlook:
If #BTC breaks both $95,650 and $94,100, downside targets are $85,000 and $75,000.
🔰 Bullish Case:
If BTC holds above $94,100, a continuation toward 120K is possible, supported by volume.
⚠️ Risk Management: Current volatility is high. Traders should monitor these key levels closely and use stop-loss orders to mitigate risks.
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