BTCUSD Bitcoin has settled in the range of $99,000–$95,000, showing signs of weakening bullish momentum. Diminishing trading volumes and macroeconomic pressure suggest the market may be preparing for a downward move.
🔥 FinCaesar’s Key Insights and Strategy: 1. Market Analysis: Downside Probability: High. A break below $95,000 could lead to a rapid decline to $87,000 or even $75,000. Upside Potential: A breakout above $102,000 might reignite bullish momentum, but current market conditions favor a correction. 2. Action Plan: Sell: If price drops below $95,000, secure profits and prepare for a further decline. Wait to Buy: Avoid buying now. Look for accumulation opportunities near $92,000 or a clear breakout above $102,000 for safe re-entry. 3. Recommendation: At this moment, selling and waiting for clearer signals or lower levels is the optimal strategy.
"The market rewards patience. Make the right move before it's too late." — FinCaesar
BTCUSD instead of posting " bitcoin is gonna go up " or bitcoin is going down " which is obvious because price only goes up or down .... . How about post an analysis of some sort showing why
BTCUSD at most 100k one last time before barrelling down to 86k or lower. I have not a shred of doubt that everybody who buys at these levels is bound for liquidation. This weekly candle will close red, which means it will play out within these next 2 days.