BTC/USDT – Critical Support Zone
Current Price: $100,989.92 (-5.19%)
Recent High: $108,353.00
Support Zone: $100,300 - $99,900
Market Insights:
Bitcoin has faced a sharp correction from its recent high of $108,353, breaking below key levels and finding temporary support near $100,303. The market needs to hold this zone to prevent further downside towards $98,500.
Next Move:
Bullish Scenario: If BTC reclaims and holds above $102,850, we could see a reversal towards $105,800.
Bearish Scenario: Failure to hold $100,300 may push prices down to $99,000 and lower.
Watch closely for volume confirmation and price stability.
