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#MySuggestionsforGateSquare Bitcoin is currently moving through a decisive phase, where both bullish and bearish pressures are shaping its short-term trajectory. After experiencing a notable correction from recent highs, BTC has been fluctuating around major support levels. This zone has attracted increased trader attention because it often signals whether the market is preparing for a rebound or a deeper pullback.



In the broader technical landscape, BTC still trades above its long-term moving averages, which typically indicates strength in the overall trend. These levels help confirm that the long-term market structure remains supportive even if short-term volatility persists. However, recent dips toward the lower price ranges show that buyers and sellers are battling for control, creating an environment of caution.

If Bitcoin maintains support around the mid-to-high $90,000 region and manages to reclaim resistance levels near the $107,000 to $110,000 zone, the market could see renewed upward momentum. Such a breakout often leads to increased confidence, encouraging more traders and institutions to re-enter long positions. A strong breakout could open the path toward higher targets such as the $135,000 to $140,000 area. This scenario would align with patterns commonly seen after major consolidations.

On the other hand, if BTC fails to hold current support regions, the market could revisit lower levels. A breakdown under the $96,000 range would increase the risk of a deeper correction, potentially pulling the price into the mid-$70,000 zone. This outlook becomes more likely if global risk sentiment weakens or if cryptocurrency markets face external pressure from macroeconomic events.

At the moment, Bitcoin’s trend sits at a crossroads. The safest approach is to watch for a clear breakout above resistance or a definitive breakdown below support. These decisive moves often determine the next major price trend. For traders, patience and disciplined strategy may offer the best advantage until BTC confirms its direction. If you want, I can also prepare bullish, bearish, and neutral scenarios with probability levels.$BTC
BTC-6.13%
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ruslansajavip
· 11-27 15:03
Bull Run 🐂
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ruslansajavip
· 11-27 15:02
HODL Tight 💪
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Pablo_cryptovip
· 11-26 12:22
wow its amazing
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