#BTCUSDT: The Turning Point is Near! Will the Market Crash or Re

🚀 BTCUSDT.P has entered a critical zone! After a prolonged uptrend, the asset formed a "Rising Wedge" pattern and tested resistance twice (Top 2), indicating a potential trend exhaustion.

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🔥 Market Overview for BTCUSDT.P
✔️ The Volume Profile shows that the current range is below the Point of Control (POC), meaning the main liquidity zone (where the highest trading volume occurred) remains above the current price.
✔️ BTCUSDT.P is currently trading within a consolidation zone after a notable short-driven drop.

🟢 The price has already broken below the wedge’s lower boundary, which is historically a bearish signal. However, the market is still holding above a key liquidity level (POC: 96,125.2).
🟢 If BTCUSDT.P continues consolidating without reclaiming lost levels, altcoins will likely face selling pressure or stagnation.
🟢 If BTCUSDT.P recovers above the critical horizontal volume level (POC), this could trigger a market-wide rebound and push altcoins higher.

🔥 Technical Outlook
✔️ A 10–15% correction is common for Bitcoin before it enters a consolidation phase. If no major negative news emerges and there is no aggressive short squeeze, the market may stabilize and attempt a recovery.
✔️ However, if BTCUSDT.P starts trading significantly below key levels (e.g., drops under $90,000 or $85,000), this could signal a deeper correction phase.

💡 Key Market Factors at Play:
✔️ Current Price: $95,901
✔️ Volume: 19.64K BTCUSDT.P – moderate but not extreme, indicating possible market indecision.
✔️ Key POC Level: 96,125.2 – the point of highest volume, which may determine the next direction.

🔥 General Market Sentiment
✔️ If BTCUSDT.P continues its downtrend, most altcoins will follow. In this case, it makes sense to look for buy opportunities at support levels when bounce signals appear.
✔️ Pay attention to key support and resistance levels for BYBIT:BTCUSDT.P . If BTCUSDT.P finds strong support, this could trigger a broader altcoin recovery.

🔥 Technical Indicators:
📉 RSI (Relative Strength Index): If RSI for most assets approaches oversold territory, short-term bounces may occur. This could present good buying opportunities.

🔥 What’s Happening with BTCUSDT.P ?
📌 Breaking the Rising Wedge – a strong bearish signal for further downside.
📌 Support at 96,125.2 is holding for now, but selling pressure remains strong.
📌 Projected downside target: $68,000 - $48,000 if the breakdown is confirmed.
📌 Alternative scenario: A move back above $100,000, which could lead to renewed bullish momentum.

🔥 Action Plan for Buying:
✔️ Short-term: Look to buy during dips, focusing on support levels close to recent lows.
✔️ Mid-term: Use a dollar-cost averaging strategy if a larger recovery is expected, while managing risk as the market stabilizes.
✔️ Long-term: Wait for clear signs of recovery on charts and macroeconomic conditions before making bigger moves.

📉 Bearish Scenario (Primary Outlook): Further Decline Expected
If BTCUSDT.P stays below $95,000 - $96,000, expect an accelerated downtrend:
✅ Target 1: $88,000 – first major support zone.
✅ Target 2: $72,000 – level where the market may seek balance.
✅ Target 3: $48,000 – critical zone, where BTCUSDT.P may form a bottom.

✔️ If BTCUSDT.P breaks $95,000, short remains the main scenario.
✔️ Confirmation: Increasing volume on the sell-off.
✔️ Caution with longs – no clear reversal signals yet.


📈 Bullish Scenario (Alternative): Reversal Possible
If BTCUSDT.P holds above $96,000 - $97,000 and breaks $100,000, a bullish continuation is possible:
✅ Target 1: $104,000 – nearest resistance.
✅ Target 2: $110,000 – major liquidity zone.
✅ Target 3: $120,000+ – potential new highs.

✔️ Long positions should only be considered if BTCUSDT.P confidently holds above $100,000.
✔️ Confirmation: Sharp increase in volume and a strong bounce off support.

⚡ Final Thoughts:
✔️ The drop from $107,673 to $96,150 over the past months suggests a mix between a local correction and the potential start of a deeper downtrend. The next move will largely depend on whether BTCUSDT.P can hold above key support levels and reclaim major liquidity zones (~$100,000–101,000), turning them from resistance back into support.

⚡ Critical Moment for BTCUSDT.P !
✔️ BTCUSDT.P is sitting at its final major support zone – the coming days will determine its fate.
✔️ Sellers remain in control, but the market still has a chance to regain strength.
✔️ A break below $95,000 could accelerate the drop, while a move back above $100,000 could reignite the bull run.

🚀 A major move is coming for BTCUSDT.P – stay ready! 🔥