$BTC /USDT Testing Key Resistance at $102,200 – Breakout or Reversal Ahead?

Bitcoin is currently trading at $101,705.00, down 2.00%, after rebounding from strong support at $98,802. The price is nearing a crucial resistance zone around $101,820, where sellers have a slight edge. While the recent recovery suggests bullish momentum, the $105,350 level remains a significant hurdle for sustained upward movement.

Traders should monitor closely for a breakout above $102,000, which could pave the way for a rally toward $105,000 or beyond. However, if resistance holds and selling pressure increases, the price may revisit $99,757 or even drop to deeper support levels near $98,651. Exercise caution and manage trades carefully, as volatility remains high during this critical phase.

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