Bitcoin

When to Buy This Bitcoin Dip - My Technical Take on current PA

375
On BTC ,Yesterday's bounce is worth noting, but I'm approaching it with caution. The recently broken support trendline (now visible as a diagonal resistance) will likely act as resistance in the 89-91K zone, also we have a Horizontal resistance at 83-85K which is previous support now becomes resistance .
For potential entries, I'm watching two key scenarios:
Bullish Case 1: If BTC can reclaim and close above the broken trendline (89-91K), it would suggest the breakdown was a fakeout. This could set up a potential move back toward previous highs.
Bullish Case 2: If price continues lower to the 73K major support zone (marked by the green rectangle), this could provide an excellent buying opportunity with a favorable risk/reward ratio. A strong bounce from this level could signal the end of the correction and the start of a new uptrend.

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