#BTCNextMove
Hello everyone,
As Bitcoin (BTC) continues to struggle, the question arises: Is BTC bullish 📈 or bearish 📉? Here's my analysis:
Currently, BTC is trading at 96,600 but has been unable to clear its way forward. Its recent move to 92,000 found support, but the price was rejected at both 97,000 and 99,000. At this point, the support zone lies between 92,000 and 93,000, while the resistance zone remains between 97,000 and 99,000.
Looking ahead, BTC's strong demand zone is around 85,000 to 84,000, which I previously highlighted. Based on this, I maintain a bearish outlook 📉 for BTC and anticipate a downward move toward its demand zone. ⚠️ Be careful with your trading setups, as further dips may occur.
Disclaimer: This analysis is based on my personal knowledge and insights. Please ensure you conduct thorough research before making any trading decisions, as I am not responsible for any losses.
Thank you! 🙏
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