#BTC $BTC
The decline turned out to be even deeper than I expected, which is why I advised against rushing into longs. Currently, there are signs of a reversal. I’m waiting for a breakout of the $96,000–$96,500 range and a 30-minute candle to close above it (a 4-hour candle would provide more reliable confirmation). In the event of a successful breakout, I’ve marked profit-taking zones for longs on the chart. If things go south and the $92,000 support is lost, the price could drop to the $86,000–$83,000 range. But it’s too early to think about that now — buyers are showing strength, and I’m leaning more towards upward movement.