[Bitcoin and Crypto Market Update]

Two days ago, the Bitcoin and crypto market experienced a major fall. However, there's been a strong recovery. The big question is: Are we truly out of the woods yet?

Bitcoin broke out from its upward trend but found some level of support at $92K. Some analysts see this as a possible warning sign that more declines might come.

If Bitcoin can close above $99K for a continued 4-hour period, the recent drop might just be a temporary blip. This could mean we’re getting ready to hit a new all-time high soon.

If Bitcoin can't stay above $99K, there might be another drop back to $85K. It’s important to be prepared for this scenario.

If you bought during the market dip, consider taking some profits now to ensure you lock in gains. If you’re thinking about new trades, always set a stop-loss to protect yourself from big losses.

We’ll have a better idea of the market's direction after this week's close, so stay cautious. Make thoughtful and well-informed decisions.

Do you think Bitcoin will rise past $99K and reach new highs, or are we likely to see more drops? We'd love to hear your thoughts!

Disclaimer: DYOR, NFA, and use proper risk management!