$BTC 's Sudden Crash: From $98,200 to $96,200 š¢š¢
Bitcoin has taken a sharp dive, dropping to $96,200, inching dangerously close to its 24-hour low of $96,195.99 after being rejected at $98,130. This rapid sell-off highlights bearish momentum, with critical support now at $96,000.
If $96,000 fails, brace for further declines toward $95,500 or beyond. Bulls defending $96,000 and reclaiming $97,000 could ignite a rebound toward $98,000 or higher.
Volatility alert: Traders, tighten your stop-losses and prepare for pivotal moves. This phase offers huge opportunities for both short sellers and rebound traders alike.
Retest mode: Will we see a deeper correction or a powerful pump? Keep an eye on these levels.
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