#BTC a big Dump... Market correction ... Will it go down to $90,000 again ..??
$BTC /USDT Analysis: Critical Moment for Traders...
Current Price: $95,663.61 (-6.02%)
24h High: $102,800.11 | 24h Low: $95,555.01
Key Levels to Watch
Support Zone: $95,400
Resistance Level: $98,200
Market Insight
Bitcoin has experienced a significant drop, retreating from a high of $98,233. This downward momentum suggests increased selling pressure as traders take profits near key resistance zones. The current price movement reflects a short-term bearish trend, with $95,400 acting as a critical support level to watch. A break below this support could trigger further declines toward $94,000.
Trade Setup
For Bulls: A rebound above $95,500 could target $97,500 and $98,200 for short-term gains.
For Bears: A sustained break below $95,400 may open the path to test $94,000 and beyond.
Strategy Suggestion
Stop Loss: Tighten to $95,200 to manage risks.
Short-Term Target: $98,200 for potential profit-taking.
Long-Term Perspective: A recovery above $98,200 is needed to regain bullish momentum.
This is a critical phase for $BTC—monitor the chart closely and trade with caution to avoid unnecessary losses.
