🚨 $BTC /USDT Update: Bitcoin Faces Pressure, Testing Key Levels!
Current Price: $96,957.01 (-4.66%)
24H High: $102,015.01
24H Low: $96,181.81
Bitcoin has experienced significant downward momentum, dropping below the $100K psychological support level. The price is consolidating near $96K as traders assess the next directional move.
Key Levels to Watch:
Resistance: $97,950 and $100,000
Support: $96,181 and $95,900
Market Insights:
The broader market sell-off, coupled with rising bond yields and risk-off sentiment, is influencing Bitcoin's price action. A break below $96K could intensify selling pressure, while recovery above $98K may spark renewed bullish momentum.
Stay vigilant and trade with Binance for the latest updates and opportunities.