⚡ BITCOIN in the fire zone: What's happening at $94,300?
Attention, community! 🚨 Bitcoin $BTC
($BTC) has reached $94,300, and the order book on Binance is blazing.
This level is not just a number; it's the epicenter of a fierce battle between bulls and bears for the following reasons:
Sales Wall: On-chain data shows a significant concentration of institutional sell orders between $94,000 and $94,500. Breaking through this wall with real volume would be the definitive signal the market has been waiting for. 🧱
The RSI Trap: On shorter timeframes (1H and 4H), the relative strength index (RSI) is approaching the overbought zone. Will we see a small pullback to catch our breath before continuing to rise?
Market Sentiment: Despite the pressure, the inflow into ETFs remains positive, suggesting that the "strong hands" are absorbing the supply at this level.
🎯 My levels for today:
🚀 Bullish Scenario: Closing above $94,700 ➡️ Clear path to $98,000.
📉 Correction Scenario: If we lose $92,500 ➡️ Re-test of the psychological support at $90,000.
Are you trading this move or prefer to wait in the range? I'm closely watching the volume. Don't let FOMO take control! 🧠
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#BTC #BitcoinNews #CryptoTrading #BinanceSquare #Bitcoin94k #StrategyBTCPurchase
