Bitcoin ($BTC ) is trading at $96,160, down 0.71% after reaching a 24-hour low of $95,734.77. The price is nearing critical levels, with the 7-day moving average at $97,193 indicating short-term bearish momentum. Key resistance stands at $96,943, and a break above this could push BTC toward $98,000. On the downside, support at $96,049 is crucial, as a drop below could lead to further declines toward $95,700 or even $95,000. With selling pressure mounting and trading volume rising, BTC is at a pivotal moment, demanding close attention from traders.

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