$BTC is currently at 91,309 with a decline of -2.46 percent. This looks like long liquidation rather than a trend reversal. Larger players often use dips like this to accumulate silently.
Market Insight: BTC is sitting between solid support and heavy resistance. A decisive move in either direction will create a strong swing.
Next Move: If BTC holds above its support area, a recovery bounce is likely. A daily close above resistance could open the path to new highs.
Targets:
TG1: 93,200
TG2: 95,800
TG3: 99,500
Pro Tip: Avoid full-position entries on Bitcoin dips. Scale in gradually and protect your capital.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
BITCOIN ($BTC )
$BTC is currently at 91,309 with a decline of -2.46 percent. This looks like long liquidation rather than a trend reversal. Larger players often use dips like this to accumulate silently.
Market Insight:
BTC is sitting between solid support and heavy resistance. A decisive move in either direction will create a strong swing.
Next Move:
If BTC holds above its support area, a recovery bounce is likely. A daily close above resistance could open the path to new highs.
Targets:
TG1: 93,200
TG2: 95,800
TG3: 99,500
Pro Tip:
Avoid full-position entries on Bitcoin dips. Scale in gradually and protect your capital.
#BTC #TopGainersInADownMarket #FOMCMeetingMinutesComingUp #BitcoinPriceWatch #BuyTheDipOrWaitNow?
$BTC