๐ $BTC CRASH ALERT ๐คฏ | Next Stop 87K? | BTCUSDT IMPORTANT UPDATE
โโ Hope you all are doing well.
Right now BTC is crashing very fast, and many tradersโ wallets are getting liquidated. So letโs look at the technical & advanced analysis and see what may happen in the next 24 hours.
๐ธ 12H Chart Analysis:
On the 12-hour chart, we can clearly see an IMB (Inefficiency / Imbalance) zone, which I have marked in purple on the first chart.
IMB usually forms after a strong price move, and price often comes back to fill it.
The last major price was $97,930, which is the recent higher high. The wick has already started filling this IMB, and today price is slowly moving down. This means there is still room for more downside.
๐ธ 4H Chart View:
On the 4-hour chart, $BTC is currently holding a bullish Order Block (OB). But honestly, itโs hard to trust this support because the overall structure is clearly showing a reversal pattern.
๐ Conclusion:
Based on this setup, there is a strong chance BTC may drop toward $87,000 within the next 24 hours.
โ ๏ธ Trade very carefully until $BTC shows proper stability.
Have a great day and stay safe in the market ๐
Not financial advice
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