Key Pivot Zone in Focus: BTC Tests the $92K–$94K Barrier



The key to short-term direction is the $92,000 - $94,000} pivot zone. This area represents a critical intersection of the 50-day moving average and prior structural support, which has now flipped to resistance. The current price action is a coiled spring. High-conviction trading should wait for a break and confirmation of either the $94,000 Resistance or the $85,000 Support. Risk Management is Paramount. Extreme Fear readings have significantly reduced, with the Put/Call Skew premiums declining sharply. Fear is fading, but the market remains cautious, not yet bullish. The market is about to choose a direction. Trade with clear limits and use stop-losses. Don't FOMO in the middle of the range!
$BTC $GT
Disclaimer: This is for informational and educational purposes only and is not financial advice. Trade with caution and use appropriate risk management.
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BTC1.58%
GT1.34%
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Mahbubsimonvip
· 12-06 06:48
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Earn rewards just repost! & Boost your Active participation (viewing, liking, posting, reposting) is the key driver for significantly increasing your account's visibility and growth rate.
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GateUser-db9596dbvip
· 12-07 13:18
Bull Run 🐂
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