🚨 BITCOIN Golden Opportunity or Bear Trap? 📉🚀
The $BTC just touched $90,675 and the market is divided. On one side, whales are selling; on the other, institutions like Morgan Stanley are entering heavily. Who will win this battle? 🧵
🔍 What the chart tells us:
Technical indicators are screaming "Caution" in the short term. The MACD is negative and the moving averages (EMA 7, 25, 99) show strong downward momentum. However, the RSI has entered oversold territory, which historically precedes sharp upward rebounds.
🎯 My Trading Strategy:
If you're seeking clarity, note these levels:
🚧 Key Resistance: $92,000 (Where price needs to break through to invalidate the decline).
🛡️ Critical Support: $90,600 - $91,000 (Strong buyer defense zone).
🟢 Entry (Long/Buy): Consider fractional entries if there's a clear rejection at $91,000 with a target of $93,800.
🔴 Exit/Stop: A close below $90,400 invalidates the thesis for a quick recovery.
Fun Fact: While ETFs saw outflows of $243M, Call options (purchases) still dominate 36% of the market. Institutional optimism isn't dead!
💬 What about you? Do you think Bitcoin will hold support or will we target $88k to close the CME gap? Comment your bet below!
👉 Follow my profile now to never miss real-time next analyses and master the market with me! 📈🔥
