BTC Analysis

Key Observations:
Resistance Level (~108.6K): The price has been rejected twice at this level, indicating strong selling pressure.
Support Level (~90K): BTC has tested this support four times and bounced back, confirming it as a strong demand zone.

✅ Bullish Scenario:

BTC must stay above 90K to maintain the range. If it bounces back strongly, we could see another attempt at 108K resistance.
A breakout above 108K could trigger a strong rally toward 115K - 120K.

❌ Bearish Scenario:

If BTC breaks below the 90K support, it could trigger a major sell-off.
The chart suggests a possible drop toward 80K (red arrow), especially if RSI remains weak.

Trading Plan:
📌 Long Entry (If bullish confirmation)

Buy near 90K support if a strong bounce occurs.
Target: 108K
Stop-loss: Below 89K
📌 Short Entry (If breakdown happens)

Short BTC if it closes below 90K with high volume.
Target: 80K
Stop-loss: Above 92K