$BTC /USDT – CRITICAL PRICE DROP SIGNALS A HIGH-VOLATILITY ZONE... After hitting ATH $108,300 BTC again down to $104,900 ...
Bitcoin ($BTC ) is teetering at $104,833 after a steep 1.53% decline in the last 24 hours, testing key support at $104,810. The recent high of $108,353 saw strong selling pressure, triggering a pullback as bulls failed to sustain momentum. With BTC now trading near its daily low, the next few hours are decisive: a further drop below $104,810 could open the gates for a deeper correction toward $104,000. However, if bulls defend this level, a reversal toward the $107,231 resistance zone is still on the table.
Technical Outlook: Rebound or Breakdown? On the 15-minute chart, BTC is exhibiting clear bearish dominance, with red candles outpacing green, reflecting heavy intraday sell pressure. Volume remains elevated at 3.28B USDT, suggesting traders are active, but confidence wavers. Traders should watch for a breakout above $105,931 for bullish relief, while failure to hold support could trigger cascading sell-offs. For now, BTC’s price action is walking a tightrope, and volatility is heating up—stay sharp for the next big move.
