📊 #BTC/USDT Analysis

Bitcoin is at a critical juncture, testing resistance at a key horizontal supply zone after rebounding from a strong demand zone.

🔍 Current Insights:

1️⃣ Ichimoku Cloud Resistance: The Ichimoku Cloud is acting as a dynamic barrier above the current price, creating challenges for immediate bullish continuation.

2️⃣ Key Supply Zone: BTC is struggling to break through this zone, which aligns with historical selling pressure.

📉 Bearish Scenario:

• Failure to break the supply zone and Ichimoku Cloud could trigger a downward move, potentially revisiting the demand zone near $92,000-$90,000.

📈 Bullish Scenario:

• A breakout above the supply zone and the Ichimoku Cloud would signal renewed bullish momentum, targeting $100,000-$102,000 as the next resistance zone.

💡 Trading Tips:

• Short-Term: Monitor for a confirmed breakout or rejection before taking positions.

• Long-Term: Use dips near the demand zone as opportunities to accumulate.

⚠️ Key Levels to Watch:

• Resistance: $98,500-$99,500 (supply zone + Ichimoku Cloud).

• Support: $92,000-$90,000 (demand zone).

Which scenario do you think will play out next? Share your thoughts below! 🚀📉

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