BICOIN Struggling Near $94K
BTC Struggling Near 94K: Key Scenarios1. 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.
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