Bitcoin

Bitcoin Fresh Technical Analysis and Price Prediction Analysis

853
BTC/USDT – Technical Analysis Update

📊 Current Price: ~$93,000
📈 Recent Move: Strong bounce from $79,000, surging $17,000 in just a few hours.

Key Technical Levels & Market Structure
🔸 Resistance Zone: $95,000 – This level acts as a critical supply zone. A strong rejection here may trigger short-term corrections.

🔸 Breakout Confirmation (BOS - Break of Structure): A decisive close above $99,600 with volume could confirm bullish continuation towards new highs.

🔸 Support & Downside Risk:

If BTC fails to hold above $95,000, a pullback towards $75,000-$70,000 remains a possibility.
EMAs & Trendline Support: Watch for dynamic support from 50 EMA & ascending trendline in case of retracement.

Market Outlook:
- BTC remains in a bullish structure, but volatility is high.
- RSI & Volume Analysis: Overbought conditions on lower timeframes suggest possible consolidation before the next leg up.

⚠️ Risk Management: Always trade with stop-loss and avoid overleveraging in this volatile market.

📡 Stay tuned for real-time insights!

Note: NFA & DYOR

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