$BTC 💸
Bitcoin Struggles Below Key Levels: Will $94,820 Support Hold or Break?
Bitcoin (BTC) remains under short-term bearish pressure, trading below critical moving averages and clinging to a key support zone.
💰 BTC Price: $95,253.96
📉 Change: -1.82%
Key Levels to Watch
🔑 Support: $94,820 (24-hour low)
🔑 Resistance: $98,130 (24-hour high), with $100,000 as the next psychological barrier.
What’s Next for BTC?
📉 Bearish Outlook:
If BTC breaks below $94,820 with significant volume, expect further downside, potentially testing $94,000.
📈 Bullish Comeback:
A recovery above $95,740 (MA25) could ignite bullish momentum, targeting $98,130 next.
Trading Strategies
🐂 Bulls: Wait for a confirmed breakout above $95,740 before entering long positions.
🐻 Bears: Short positions may be viable if $94,820 support gives way under strong selling pressure.
💡 Pro Tip
Markets are volatile, and opportunities arise with preparation! Keep an eye on volume and market sentiment to refine your entry and exit points.
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