๐Ÿšจ Bitcoin ($BTC ) Price Update ๐Ÿšจ This is an updated anysis. Please check the previous post

Bitcoin is currently trading at $95,896, experiencing a -5.89% drop in the last 12 hours. Here's the key breakdown based on the 12H chart:

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๐Ÿ”‘ Key Levels to Watch #MarketPullback

1. Immediate Resistance Levels:

$102,583

$99,319

2. Critical Support Levels:

$96,016 (currently being tested).

$93,048 โ€“ A breach of this level could lead to further downside.

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๐Ÿ“‰ Whatโ€™s Next?

BTC seems to be retracing to fill the gap near $93K, as shown in the chart, which could act as a springboard for the next bullish leg.

If the price holds above $96,016, thereโ€™s potential for a quick recovery toward the $99,319 and $102,583 levels.

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๐Ÿ”ฎ Action Plan

The current dip could be the last correction before the next major bull run. A strong bounce from the support zone may confirm bullish momentum leading into 2025.

However, failure to hold the $93K-$96K zone could trigger further downside toward $85K or below.

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โšก What do you think โ€“ Is this the dip to buy? Let us know in the comments! ๐ŸŒŒ