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What does repeated failure to break 90,000 in Bitcoin mean?
🔹 1️⃣ Strong psychological resistance
90,000 round number =
• Large sell orders
• Profit-taking
• Traders saying: "Close before the psychological number"
Every failure = Confirmation that sellers are present.
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🔹 2️⃣ Potential Distribution
When the price:
• Reaches 90k
• Is rejected
• Retraces
• Attempts again
This sometimes means:
The big players are selling to late buyers
⚠️ Especially if:
• Volume decreases with each attempt
• And the peaks become equal or weaker
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🔹 3️⃣ Weak upward momentum
A true breakout must be:
• A strong candle
• Close above 90k
• Clear volume
Otherwise = Fake breakout or failure to break.
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🔹 4️⃣ Potential scenarios after repetition 🔄
🟥 Negative scenario:
• Sweep above 90k
• Then a strong drop (Bull Trap)
• Target:
• 88k
• Then 86k
🟩 Positive scenario:
• Consolidation below 90k
• Accumulation
• Then a breakout with a clear close
(At that time, the short is very dangerous)
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How to act as a Scalper? ⚡
• ❌ Do not enter Long before closing above 90k
• ❌ Do not enter Short just for a touch
• ✅ Wait:
• Clear rejection (wick + weak close) → Short
• Or breakout + Retest → Long
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Brief summary:
Repeated failure at 90k
Means the market is hesitant
And neither bullish nor bearish
#BTC $BTC