🚨 Bitcoin ($BTC ) Price Update 🚨 This is an updated anysis. Please check the previous post
Bitcoin is currently trading at $95,896, experiencing a -5.89% drop in the last 12 hours. Here's the key breakdown based on the 12H chart:
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🔑 Key Levels to Watch #MarketPullback
1. Immediate Resistance Levels:
$102,583
$99,319
2. Critical Support Levels:
$96,016 (currently being tested).
$93,048 – A breach of this level could lead to further downside.
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📉 What’s Next?
BTC seems to be retracing to fill the gap near $93K, as shown in the chart, which could act as a springboard for the next bullish leg.
If the price holds above $96,016, there’s potential for a quick recovery toward the $99,319 and $102,583 levels.
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🔮 Action Plan
The current dip could be the last correction before the next major bull run. A strong bounce from the support zone may confirm bullish momentum leading into 2025.
However, failure to hold the $93K-$96K zone could trigger further downside toward $85K or below.
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⚡ What do you think – Is this the dip to buy? Let us know in the comments! 🌌