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Mutahir Hussain
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Bullish
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The market is now showing a steady pattern!!
Will it bounce back ?
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#BullorBear
#Memecoins
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Mutahir Hussain
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Another trading Closed in profit...
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At last profit gained...
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Buy BTC... Will hit 98k soon .
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Bitcoin Market Update: What I'm Watching Hey everyone, Well, it’s been a rough couple of days in the crypto market. As we’ve all seen, Bitcoin has broken below that major $100,000 psychological level, and the market sentiment is deep in "Extreme Fear." Right now, we're trading in that $93,000 to $95,000 range, and honestly hhhh, the short-term outlook is looking pretty bearish. Here’s a quick breakdown of what I’m seeing and the key levels I’m watching right now: The Bearish Case::$BTC The immediate concern is whether we can hold the current support. * Key Support Levels: I’m keeping a very close eye on $95,000 and $92,000. These are the critical lines in the sand. * Potential Target: If we break below those levels, many analysts (including me) are looking at a potential further drop to the $80,000 area as the next major support zone. This is being driven by big ETF outflows and the Fed's signals on interest rates, pulling money away from "risk-on" assets. The Bullish Case (The Upside) For things to turn around, we need to see a decisive move up. Key Resistance Levels: We aren't bullish again until we can break above the resistance. The first hurdles are $102,000 and then the $106,000 mark. Reclaiming those would be the first sign of strength. My take: This is a high-stakes "wait and see" moment. The long-term targets of $150k+ are still on the table for later, but right now, the short-term trend is not our friend. Stay safe, manage your risk, and don't make any emotional moves. I'd love to hear your thoughts. What are you doing? Buying this dip, waiting on the sidelines, or taking some risk off? Lemme know in the comments.
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