🚨 $BTC 4H Analysis – Price Correction in Play!

🔻 Price: $93,623.9 (-4.40% in 24hrs)

🔎 Market Mood: Bitcoin has slipped below $96,000—a key level—and is testing the $92,666 support. Short-term bearish momentum is evident, but the big question is: Will buyers step in, or will bears take full control?

My Take:

The increased selling volume suggests traders are offloading positions, likely due to market uncertainty. However, RSI levels show we’re not yet oversold, meaning BTC could dip further before a meaningful rebound. $90,000 looks like a psychological battle zone if the current support fails.

Why This Matters:

1️⃣ BTC has been riding a strong trend for months—this correction could just be a healthy breather.

2️⃣ Breaking below $90,000 could trigger panic, while holding above $92,666 might spark a relief rally.

3️⃣ Long-term investors should watch the 200-day MA ($80,685) like hawks—it's the make-or-break level for bullish momentum.

📊 What Should We Do?

Day traders: A bounce at $92,666 could be an entry for short-term gains. But if BTC drops further, $90K might be the next opportunity.

Hodlers: Stay calm and watch for signs of stabilization. Corrections are a part of the game!

My Opinion:

This dip is an excellent chance to evaluate your strategy. Don’t let emotions take over—set clear targets, stop-losses, and don’t get greedy. If #BTC breaks below $92,666, prepare for volatility. If it rebounds, we might see the bulls roar back to $96K-$98K - $100K

What are your thoughts? Will BTC bounce or bleed further?