MAXIMUM ALERT! The Battle of $90,000: Is the Bounce to $100K or a Bull Trap?
Bitcoin (BTC) has consolidated its position above the historic level of $90,000, but volatility remains extreme. The price action of the last 24 hours indicates a strong struggle between buyers and sellers to determine the next move, which could define the market's direction in the coming weeks.
🎯 Crucial Levels to Watch
Maintaining the price in this zone is the most important technical event at the moment.
Pivot Support (The Main Defense): The strongest psychological and technical support is at $90,000. If BTC manages to maintain daily candle closes above this level, market confidence will remain strong, and buyers will look to push toward the next barrier.
Resistance to Break (Heading to $100K): The immediate and key resistance is at $94,000. A confirmed break above $94,000, especially with high volume, would open the way to test the psychological zone of $98,000, with the ultimate goal of $100,000.
Danger Zone: The inability to defend the $90,000 area and a subsequent drop below $88,500 could trigger a cascade of sell orders, driving the price to test the fundamental support of $86,000.
📈 Strategy to Attract Eyes and Followers
In these moments of uncertainty at highs, the value lies in precision:
Be Decisive: Offer a clear opinion on whether the trend will continue or reverse, based on the levels we mentioned.
Use Clean Charts: Use a simple chart that clearly shows these three levels ($94K, $90K, $88.5K) to illustrate your point.
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