🔍 Bitcoin ($BTC ) Today Brief Analysis
$BTC is currently hovering around US$92,000–US$94,000, showing some rebound after falling below US$84,000 in mid-November.
However, short-term momentum is still weak: According to the model, there is currently “selling pressure” entering publishers — such as outflows from ETFs, selling by holders, and mining funds coming to exchanges.
Looking at technical support and resistance:
Support zone: ≈ US$80,000–US$85,000 — If this level is broken, further downward movement is likely.
Resistance zone: ≈ US$96,000–US$100,000 — A breakout at this level could lead to a good relief rally.
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✅ Possible Strategy
If you are thinking of going long: Holding support (US$ 80K–85K) could be a place to enter. However, stop-loss should be kept in place.
If resistance breaks US$ 96K–100K, then a quick move higher (e.g. US$ 110K+) is possible — but a breakout is essential.
Conversely, if support breaks, there is a risk of a drop to US$ 70K–80K — so it is wise to act with a low risk.
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📌 Summary
$BTC is currently in a transitional phase — it has moved from the last major rally to a revision or consolidation phase. The key is: the ability to hold support and the ability to break resistance. If both work together — Bitcoin can move forward; otherwise, it can go back down.
