🚀 NEWS 20/11
$BTC : HOLDING AROUND ~$92K OR DROPPING TO ~$85K?
- $BTC dropped to ~$92,000, concerns about USD liquidity narrowing.
- Institutional money is retreating, the crypto market has lost over $1.2 trillion USD in 6 weeks.
- US policy news: The bill on crypto market structure is moving closer.
📊 Market conclusion
BTC is facing a strong support zone around ~$88K–$92K. If it holds → small bounce potential; if it breaks → may drop deeply to ~$85K or lower.
🔍 BTC – Quick analysis (D1 / H4)
D1: The downtrend is still dominant; strong support at ~$88K.
H4: Light buying pressure is starting to show (MFI up), but it's not clear → needs confirmation of price action & volume.
🎯 Reference trade
✅ Small buy: Entry ~$89K–92K → TP1 ~$96K → TP2 ~$100K → SL below ~$86K
⚠️ Cautious short: If BTC bounces to ~$98K–100K but there's no volume/MFI confirmation → it may be a reverse trade.
👉 Do you think BTC will hold around ~$92K and bounce back or will it drop to $85K first? Comment your scenario for me to analyze further!