$BTC has made a significant move, coming back to test the $100k level over the past few days. It briefly broke through, but we're not jumping to conclusions just yet.

🚨 Bitcoin ($BTC ) Price Update 🚨

As mentioned in my medium-term analysis, Bitcoin is currently trading in a neutral range between $92,000 and $100,000.

Medium-Term Outlook
A deeper correction is still possible, with key levels to watch at $83,000, $85,000, and $78,000.

🔍 Daily Chart View
If Bitcoin fails to break above $100,000, a potential Head & Shoulders pattern could form, signaling further downside.

However, a clean breakout above $100,000 with strong buying momentum would invalidate this scenario and indicate a bullish continuation.

📊 Current Market Conditions
Bitcoin remains well above key weekly and monthly support levels, but this range is still tricky for traders.

Many altcoins are facing rejections at critical resistance levels, which could result in a short-term pullback across the market.

📌 Key Levels to Watch
Support: $97,200
Resistance: $100,000

⚡ Strategy
This is a time for caution. I’ve set lower entries and continue to DCA into strong altcoins for long-term positions.

📈 Stay adaptive to market trends and focus on managing your risk effectively.
$BTC


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