Bitcoin Price Prediction: Will BTC Drop to 93K Before Moving Hig
Bitcoin is currently trading around $95,304, showing signs of consolidation after its recent bullish momentum. Based on the current market structure, there is a possibility that BTC may drop to $93,000 before making a move towards the highlighted supply zone.
📉 Potential Move to $93,000?
Looking at the price action, Bitcoin appears to be forming a retracement pattern. If the bearish pressure continues, we could see BTC testing the 93K support level, which may act as a liquidity grab before a reversal.
📌 Key Supply Zone to Watch
The highlighted zone between $105,624 - $111,075 is a crucial resistance area. If Bitcoin reaches this level, it could face strong selling pressure, making it an ideal area for short opportunities.
💡 Trading Plan:
If BTC drops to 93K, it could be a liquidity grab before a move higher.
Watch the 105K - 111K area for potential sell setups.
A rejection from this zone could lead to a new bearish wave.
🚀 What do you think? Will BTC hit 93K before heading toward this supply zone? Let me know your thoughts in the comments! 🔥
📉 Potential Move to $93,000?
Looking at the price action, Bitcoin appears to be forming a retracement pattern. If the bearish pressure continues, we could see BTC testing the 93K support level, which may act as a liquidity grab before a reversal.
📌 Key Supply Zone to Watch
The highlighted zone between $105,624 - $111,075 is a crucial resistance area. If Bitcoin reaches this level, it could face strong selling pressure, making it an ideal area for short opportunities.
💡 Trading Plan:
If BTC drops to 93K, it could be a liquidity grab before a move higher.
Watch the 105K - 111K area for potential sell setups.
A rejection from this zone could lead to a new bearish wave.
🚀 What do you think? Will BTC hit 93K before heading toward this supply zone? Let me know your thoughts in the comments! 🔥
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"🤖 Smart Trading Bots | 🚀 Advanced Market Analysis & Strategies | Helping You Trade Smarter, Not Harder!"
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.