#BTC/USDT ANALYSIS

💰 #BTC

Bitcoin is currently trading above a horizontal support zone, with the MA50 providing strong support below the price action.

A bounce off this level could signal bullish momentum, ⚠️ however, a breakdown below the horizontal support could lead to a correction as we have already discussed.

92k is crucial support and losing it throws it to 90k and can generate panic and imbalance, since yesterday we have been moving sideways on the 15m and the market is indecisive, defending at the horizontal support so far.

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