I'm not with my laptop... But I want to tell market condition specially $BTC 🪙 because market looks critical.. zone
The green ascending trendline acting as a support for BTC's upward momentum for last few days, indicating bullish control. However, the recent selling pressure testing trendline signals weakness in the bullish control.
I think he market is in a short-term consolidation phase, testing critical support zones.
Bullish Scenario: If BTC reclaims the trendline and hold above $95,000 convincingly, the bulls might target $98,000 and $100,000 next.
Bearish Scenario: Failure to hold $94,400 could push BTC down to $94,000, $91,500 ($89k) $86,713 or even $80,747 (next major support levels).
Long Setup: Wait for BTC to reclaim the trendline and show strong bullish candles above $95,000. Target $98,000 with a stop loss at $93,500.
Short Setup: If BTC breaks below $94,000 with volume, consider shorting with targets at $91,000 and $86,713. Use $95,500 as a stop loss.