Theoretical Recommendations for Buying and Selling BTC
💰 Buying:
Support Level: $89,000–$90,000 — near the lower Bollinger Band and previous consolidation zone. This could be a potential entry point if the price bounces from here.
Bullish Scenario: A breakout above $97,839 and staying above $100,000 could trigger further growth. You may consider buying in this case for potential gains.
📈 Selling:
Resistance Level: $105,000–$108,000 — near the upper Bollinger Band and recent highs. If the price reaches this level, it could be a good point to take profits.
Bearish Scenario: A drop below $89,000 could signal further downside risk, with potential support at $85,000. If this happens, you may want to consider selling or reducing your exposure.
📌 Important:
Monitor the MA(5) and MA(10) levels for short-term trends — crosses of these moving averages with the price could indicate further direction.
Pay attention to volume trends; low trading volumes may indicate lower trader interest, while higher volumes could signal more volatility.
