Bitcoin (BTC/USDT) at a Critical Zone: Two Possible Scenarios
608
hello guys!
Support Zones: BTC has bounced from QML1 (~$95,500) after testing it as support. A deeper retracement to QML2 (~$94,400) is also possible if the current level fails.
Two Potential Scenarios: Bullish Scenario: If BTC holds above QML1, it could continue its upward momentum toward $98,778, breaking previous highs.
Bearish Scenario: If BTC loses support at QML1, a dip toward QML2 might occur before another potential bounce to the upside.
Liquidity & Structure: The overall trend suggests a bullish continuation, but a retracement for liquidity grab is still in play. _____________________________
Trading Plan: Long Entry: If BTC confirms support at QML1, targeting $98,778. Wait & See: If BTC dips to QML2, look for reversal signals before entering.