$BTC is currently trading at $96,812.71, showing a slight decline of 0.18%, following a recent rejection near the $100,000 resistance level. The price has retraced significantly from its highs and is now testing a critical support zone near $95,000. The trend suggests heightened selling pressure in the short term, with buyers attempting to hold the support to prevent further downside.
If $BTC manages to sustain above $95,000, it could initiate a recovery toward the $100,000 resistance and beyond. However, a breakdown below this level might lead to extended bearish momentum, potentially targeting lower support levels near $90,000. Current market conditions indicate a volatile phase, making this a pivotal level for its next move.