Here is my brief and simple technical analysis for 🤑🤑🤑$BTC 🤑🤑🤑

If we look at 1d Bitcoin chart, we could see that the coin is still bullish.

All panic occurred around it in Square is just because of the regular coin fluctuations with a few false bearish breakouts. People got a lot of liquidations because they do not consider long-term support price on 1d charts. They trade greedy and with big leverage to get "free easy money" but it's a dead end..

So what is actually happening?

We still can see the strong support level at 91500-92000, which was set after the latest significant price increase and remain the same, failing to fall further.

So please, PLEASE be sure that you've set your stop-loss on the related level, and your liquidation price is lower than 90k

The RSI indicator showing the value < 50 which is a bearish sign, however, if you look at the latest price dips, you'll see that it was almost the same and the lower price remained the same.

I would really start concerning if Bitcoin drops below 91500-92000, before that I believe everything will be fine.

A lot of investors are waiting the coin to get as close as possible to 90k to buy at dips. It will pump a price or at least will not allow it to fall more once it reaches this level.

My thought is that after this correction, the coin will continue its journey to its new all-time high at 111k, having the same targets as in the past:

short-term goals

95500

96500

98300

long-term goals:

101000

103000

106000

108000