Tough Trading Phase & BTC Price Scenario Prediction for the Next 1-7 Days

1. Bullish Scenario:

• If BTC breaks above the resistance near the $90,000 high once again and sees increased trading volume, the uptrend could resume, potentially pushing the price up to the $92,000 - $95,000 region. However, this will depend on the persistence of buying pressure at the high price level.

2. Corrective Scenario:

• BTC is likely to correct to support levels, especially if the RSI and Stochastic RSI indicators remain overbought. The nearest support zone is around $85,000 and further down is $82,000 - $83,000.

• If BTC falls below this level and technical indicators have not yet exited the overbought zone, this could lead to a deeper correction.

3. Sideways Scenario:

• BTC may move sideways in the range of $85,000 - $90,000, consolidating before deciding to break up or down. This allows indicators like RSI and MACD to exit the overbought zone.

Advice for traders

• For Short-term traders: Watch the $90,000 threshold and RSI. If there are signals from indicators like MACD crossing down or RSI returning from the overbought zone, this could be a point to take profits or find a re-entry point after the correction.

• For Medium and Long-term traders: BTC can still be held if the overall trend is still up. Pay attention to risk management and consider increasing positions when the price corrects to important support levels.

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