AreYouBullishOrBearishToday? 🧐
Bitcoin Market Update
A confirmed move above $94,000 keeps Bitcoin’s broader bullish structure intact. That said, chasing price at elevated levels always comes with increased risk.
BTC has recently pulled back toward the $93,200 support zone, an area that may attract short-term buyers if demand remains strong.
🔹 Aggressive approach:
If price holds above support and bullish momentum returns, potential upside zones to monitor include $95,000 and $97,300, with extended resistance areas near $102,100 and $107,300.
🔹 Conservative approach:
A deeper retracement toward $91,700, aligned with the 78.6% Fibonacci level, could offer a more favorable risk-to-reward entry.
📊 Market Outlook:
The broader trend remains constructive, but disciplined execution and confirmation are essential in volatile conditions.
⚠️ This content is for informational purposes only and does not constitute financial advice.
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