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Bitcoin experienced a small-scale decline yesterday, just touching the four-hour solid trend line, which is also the support at 94k that has been mentioned before. It started to rebound. There was little volatility over the weekend. Let's keep an eye on next week's movements!
Currently consolidating around 95k, with support continuing to focus on the trend line near 94k. A break below would indicate a shift in the short-term trend. Resistance above continues to be around 98k.
Here's a speculative scenario: On Sunday night or Monday morning, assume a false break below 94k (a spike down to around 93.5k), causing high-leverage long contracts to be liquidated, creating panic.
Then, if the US stock market opens with slight gains or news remains stable on Monday, quickly recover above 94k. A spike down followed by a massive rebound. This would be an excellent right-side entry point, with the target directly at 98k. #btc