BTC Analysis: Current Calm... Buying Opportunity or Sell Trap?
After the recent surge, Bitcoin has entered a calm phase. Don't be fooled by this stillness; decisive movements often originate here.
All eyes are focused on one area that will determine everything:
🔑 The decisive zone (POC): $90,000 - $93,000
Simply put, the scenario depends on this zone:
🟢 Bull Scenario (Bulls): If we see clear consolidation above $93,000, this is a healthy correction signal before continuing the upward trend.
🔴 Bear Scenario (Bears): If we break and close below $90,000, this confirms that the recent rise was a "bull trap" (Bull Trap), and the target will be a deeper decline.
The market is testing nerves right now. Personally, I won't make any decisions until the price confirms its direction around this area.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
BTC Analysis: Current Calm... Buying Opportunity or Sell Trap?
After the recent surge, Bitcoin has entered a calm phase. Don't be fooled by this stillness; decisive movements often originate here.
All eyes are focused on one area that will determine everything:
🔑 The decisive zone (POC): $90,000 - $93,000
Simply put, the scenario depends on this zone:
🟢 Bull Scenario (Bulls): If we see clear consolidation above $93,000, this is a healthy correction signal before continuing the upward trend.
🔴 Bear Scenario (Bears): If we break and close below $90,000, this confirms that the recent rise was a "bull trap" (Bull Trap), and the target will be a deeper decline.
The market is testing nerves right now. Personally, I won't make any decisions until the price confirms its direction around this area.
What is your plan?
#Bitcoin
#BTC
#CryptoTrading
#TechnicalAnalysis
#Write2Earn