Bitcoin (BTC): Bearish Pressure Mounts Amid Key Support Levels
🔥 Potential Price Targets:
🩸 Near-term Goal: $80,000
🩸 Long-term Goal: $75,000
🔥 FinCaesar's Strategy:
🩸 Short: Below $92,500, targeting $80,000 and $75,000. Bearish MACD and significant selling pressure support downside momentum.
🩸 Long: Above $102,240, aiming for $105,000 and $110,000. A reversal would require strong bullish volume, which remains uncertain.
🔥 FinCaesar's Commands:
🩸 Resistance: $102,240 — The next significant hurdle for bulls to overcome.
🩸 Support: $78,095 — Breaking this could accelerate declines to lower levels.
Bitcoin is trading in a bearish setup, with MACD momentum turning negative and the price struggling to break above the key resistance at $102,240. Sellers are in control, and a breakdown below $78,095 may trigger a deeper selloff.
👑 "In a bearish trend, hesitation can be costly—act with precision." — FinCaesar
🩸 Near-term Goal: $80,000
🩸 Long-term Goal: $75,000
🔥 FinCaesar's Strategy:
🩸 Short: Below $92,500, targeting $80,000 and $75,000. Bearish MACD and significant selling pressure support downside momentum.
🩸 Long: Above $102,240, aiming for $105,000 and $110,000. A reversal would require strong bullish volume, which remains uncertain.
🔥 FinCaesar's Commands:
🩸 Resistance: $102,240 — The next significant hurdle for bulls to overcome.
🩸 Support: $78,095 — Breaking this could accelerate declines to lower levels.
Bitcoin is trading in a bearish setup, with MACD momentum turning negative and the price struggling to break above the key resistance at $102,240. Sellers are in control, and a breakdown below $78,095 may trigger a deeper selloff.
👑 "In a bearish trend, hesitation can be costly—act with precision." — FinCaesar
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.