$BTC/USDT ALERT: Market Volatility – Strategic Action Needed
Bitcoin ($BTC) is currently trading at $97,624, fluctuating within a daily range of $97,416.59 (support) and $104,088.00 (resistance). A sharp rejection from the critical resistance zone near $104,000 indicates growing bearish momentum.
The price is now testing the key support level at $98,000. A breakdown below this level could drive BTC down to $97,500 or lower, intensifying selling pressure. Conversely, a strong rebound from this area might spark a recovery rally toward $99,800 or beyond.
Traders should monitor volume for confirmation and implement tight stop losses to manage risk effectively. The market is at a pivotal point—stay vigilant for Bitcoin’s next decisive move!!