📌 $BTC /USDT Daily Chart Analysis & Best Trading Strategy #StrategyBTCPurchase #CryptoIn401k
Bitcoin is trading around $95,902, showing a mild recovery after touching the recent low of $94,012. The price remains below MA(7), MA(25), and MA(99), confirming a strong short-term downtrend. Sellers have dominated the past few days, but the appearance of small green candles indicates buyers are trying to defend the $94,000 support zone. If BTC holds above $95,000, a bounce toward $97,800 – $99,000 is possible, where the MA(7) currently acts as resistance. A breakout above $99,500 may open a move toward $102,700. However, if BTC loses $94,000, it may fall sharply toward
$92,500 – $91,000.
Best Trading Strategy (Short-Term Swing):
Buy Zone: $94,500 – $95,500
Targets: $97,800 → $99,000
Stop-Loss: $93,800
Sell/Short Zone: $99,000 – $100,000
Targets: $96,000 → $94,500
Stop-Loss: $101,200