BTC Bearish Alert!🚨🚨🚨 Major Correction Coming – Are You Prepared? Bitcoin is sending warning signals, with a notable correction on the horizon. As shown in the chart, BTC is primed to touch $78,086.22, potentially testing key support levels. It’s time to keep a close eye on your investments and consider securing funds to mitigate potential losses. Bitcoin recently reached highs near $93,000, but now indicators suggest a pullback may be imminent. The MACD is showing bearish divergence, hinting at a possible reversal in momentum. The 4-hour timeframe displays a downward trajectory, with BTC failing to hold above resistance levels and now aiming to revisit previous support zones. Key Observations:👇👇
MACD Signals Weakening Momentum: The MACD histogram shows a declining trend, indicating the recent bullish momentum is losing steam.Support Level Target at $78,086: This level has been highlighted as a potential area where BTC could find support. Breaking below this may signal further downside risk.Bearish High Alert: With the current trend, caution is advised. BTC could experience increased volatility, so it’s wise to have a plan.What to Do?
For traders and investors, securing your funds or taking partial profits could be a prudent approach, especially if you’re aiming to protect against potential downside. Always trade with a strategy and be prepared for volatility.
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