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
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.