🚨 $BTC Holds at $100,698 – Testing the Key $100K Support Zone!
$BTC is trading at $100,698, reflecting a 5.36% drop over the last 24 hours. The price faced heavy resistance at its daily high of $106,463 and declined sharply to test its 24-hour low of $100,000, where it is currently consolidating. The RSI at 47.62 signals neutral momentum, while the MACD shows slight signs of recovery with a minor positive shift, hinting at potential stabilization.
The $100,000 level remains a critical psychological and technical support zone. A sustained rebound from this level could see BTC retesting resistance at $101,583. However, failure to hold above $100,000 may lead to intensified bearish momentum, potentially pushing prices further down. Traders should watch for increased volume as the market braces for its next major move...