Expected scenario.

Result: A sharp and rapid drop in price due to loss of confidence.

Reason: Large sell-offs due to profit taking or market panic.

Result: A sharp and rapid drop in price due to loss of confidence.

Impact: Targets lower support levels (such as $80,000 or even $75,000).

2. The impact of technical analysis

Reason: Breaking the support level may result in the execution of stop-loss orders en masse.

Result: Acceleration of the decline due to a significant increase in supply compared to demand.

Impact: More price volatility.

3. Market sentiment

Expected scenario.

Reason: Large sell-offs due to profit taking or market panic.

Impact: Liquidity flows into safer assets such as stablecoins or gold.

4. Next support levels

If the $90,500 level is broken, analysts may look at lower support levels.

$85,000: Possible psychological support.

$75,000: A level that may receive some interest from buyers.

$65,000 or less: If the sell-off continues without support.

Reason: Breaking the support level may result in the execution of stop-loss orders en masse.

Reason: Negative news (such as government regulations, bankruptcies of major companies) may be the cause of the breakout.

Result: Continued downward pressure.

Effect: Attracts more speculators who push the price down.

How can I prepare for this scenario?

Re-evaluate your portfolio: If you own Bitcoin, clearly define your exit levels.

Follow technical analysis: Focus on technical indicators such as RSI and trading volume to anticipate the next move.

Long-term strategy: If you are a long-term believer in Bitcoin, the decline may be a buying opportunity.

Additional tips:

2. The impact of technical analysis

Trade with caution: Do not invest more than you can afford to lose.

As we noticed last week it fell from 99,540 to 92,520 then the price rebounded up to 99,963 then fell within 48 hours and reached 94,011 today at 6:40 pm Mecca time

1. Breaking psychological and financial support

Prepare for the worst-case scenario but be flexible to deal with any positive opportunities.

Do not make investment decisions based on emotions, but rather on analysis and well thought out plans.

We wish everyone success