📉 BTC Short-Term Move (Simple Explanation)

1️⃣ BTC is sitting on major weekly support

You marked several orange zones — these are strong demand areas between $94,500 – $100,000.

Price is currently 97,101, right above the zone.

➡️ As long as BTC stays above $94k, a bounce is likely.

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2️⃣ RSI is very low (28)

RSI(6) on weekly is oversold, meaning sellers are getting exhausted.

➡️ This increases the chance of a short-term rebound.

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3️⃣ Volume dropping

Lower volume means sellers are slowing down.

When BTC hits support with low volume, it often pauses or reverses.

➡️ Good sign for a short-term bounce.

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4️⃣ Structure still weak

Even if a bounce comes, the market structure is still bearish after dropping from $126k.

➡️ Any bounce may be limited unless BTC closes above $105k again.

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📌 BTC Next Likely Move

💡 Most probable short-term move:

→ Small bounce from $94k–$100k zone back to $101k–$107k.

⚠️ But… if $94k breaks:

→ Fast drop toward $90k–$88k.

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TL;DR

Support: $94k–$100k

Bounce likely unless $94k breaks

Break of $94k = next leg down

RSI oversold = buyers may step in soon

If you want, I can give you:

✅ exact long entry

✅ exact stoploss

✅ exact take profit

based on your trading style (scalp / swing).

#BTC #ETH #bnb #BullRunTips #MarketPullback $BTC

BTCUSDT

Perp

68,192.7

-0.74%

$ETH

ETHUSDT

Perp

1,976.48

+0.24%

$BNB

BNBUSDT

Perp

620.23

+1.06%