💹$BTC / USDT Market Update
Bitcoin is facing some downward pressure today:
Current Price: $94,199.2824h High: $96,538.9224h Low: $92,520.0024h Volume: 28,045.61 BTC (~$2.64B)Price Change: -1.22% 🔻
The 15-minute chart reveals a recent recovery from a low of $93,569.02, but BTC remains under resistance at the MA(99) level ($94,527.79). Sellers are currently keeping Bitcoin below key moving averages, suggesting caution for bulls.
📊 Key Observations:
Support has held firm near $93,569.02 so far.Resistance at $94,527.79 and $95,509.09 needs to be broken for upward momentum.
💡 Pro Tip: Monitor for a potential breakout above $94,500 to confirm a bullish reversal. If support fails at $93,500, further downside could be seen.
📣 What’s your strategy for Bitcoin today? Share your views below!