BICOIN Struggling Near $94K

205
BTC Struggling Near 94K: Key Scenarios

1. Scenario 1 - Bearish Divergence and Gap : #BTC is showing signs of bearish divergence near the 94K level. There’s also a gap in the order book, which might suggest a potential pullback. This divergence could act as a warning sign for a short-term correction.

2. Scenario 2 - ETF-Driven Market : The broader market’s direction currently hinges on ETF-related sentiment.

ADVISE : Shorting BTC now could be risky. Instead, consider placing buy orders to benefit from potential bullish moves tied to ETF developments.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.