🚨 When Will Bitcoin Stop Falling? Here’s How You Can Make the Perfect Entry! 🪙
The BTC/USDT 4-hour chart tells an interesting story. Bitcoin has been on a sharp decline recently, currently sitting at $92,582, down -2.84% in the last 24 hours. But when will this fall end? Let’s break it down and figure out the best entry point for you!
Key Observations From the 4-Hour Chart:
1️⃣ Support Level at $91,800: Bitcoin tested this level earlier and found temporary relief. This could be the key short-term support zone, but if broken, the next major support could be around $90,000–$89,500.
2️⃣ Resistance at $96,000–$98,500: BTC struggled to sustain above this zone and faced heavy selling pressure, leading to the current drop.
3️⃣ Volume Spikes: Notice the red candles with high volume—this indicates strong selling pressure. However, the volume is slightly decreasing, signaling that sellers might be losing momentum.
4️⃣ Oversold RSI Soon? Indicators like the RSI (Relative Strength Index) on lower timeframes suggest BTC is nearing oversold territory, which could trigger a bounce soon.
When Will Bitcoin Stop Falling?
It depends on whether buyers defend the $91,800 support level. If this zone holds, we might see a relief rally toward $95,000–$96,000. But if it breaks, expect further downside toward $90,000 or even $88,000.
How to Make a Good Entry
🟢 Entry Strategy:
Wait for BTC to hold above $91,800 with a clear reversal signal (e.g., bullish candles or higher volume).
Alternatively, look for an entry around $90,000 if the current support fails.
🔴 Avoid These Mistakes:
Don’t rush in; wait for confirmation.
Avoid leverage unless you’re experienced—it’s a volatile zone.
Overview :
Bitcoin’s current decline could be a buy-the-dip opportunity, but patience is key. Watch the support levels and be ready to act if BTC shows strength.
Where do you think BTC is headed next? Will $90K hold, or are we in for more pain? Let’s discuss below! 🚀
