📊 Technical Analysis | Bitcoin (BTC) Today
Bitc
is currently moving within a narrow range, reflecting a temporary balance between buying and selling forces, with the price approaching critical technical areas that may determine the next direction.
🔍 Technically:
The price is testing a strong support area after a slight retracement.
Staying above support may support an upward bounce.
Breaking support with a clear close may open the door for a deeper correction in the short term.
📈 Indicators show:
Weak momentum compared to previous periods.
Waiting for liquidity for a clear decision (breakout or breakdown).
⚠️ The market is not suitable for recklessness right now, and capital management is essential with confirmation of signals before any entry.
💬 What scenario do you think is more likely?
Upward breakout or correction before taking off?
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