$BTC
💬 Analysis of BTC The Test of $94,000.
"Friends, Bitcoin is at a decisive moment! After that strong shake that brought us to lows, the bull has awakened with a bounce that already exceeds 6% in the last 24 hours, leaving the price close to $93,000. This momentum has been so strong that the momentum indicator (the MACD) has just made a bullish crossover, confirming that the buying pressure is real at this moment.
But, let’s not get too excited too quickly. The key this week is not whether it goes up a bit more, but whether it manages to break through a historic ceiling. The most important resistance we have right above is the zone of $94,000. If Bitcoin manages a daily or 4-hour candle close above that level, it would be a very powerful signal that the correction is over and that we are ready for a much greater impulse.
Below, the area that absolutely must be defended is the range of $88,000. That’s where several moving averages are providing support. As long as Bitcoin stays above $88,000, we can breathe easy, but if it falls below, the selling pressure will return.
My advice is simple: Don’t play guessing games. Use Limit Orders. If you are optimistic, set a buy order just after $94,000 to enter with the confirmed breakout. If you want to secure profits, set your sell order a little higher, at $95,000.
📌 Do you think $BTC has the strength to break $94,000 today, or does it need to consolidate closer to $90,000 before attempting the rise? Share your opinions!
Always do your own research ❤️😉