$BTC /USDT: Massive Sell-Off – Key Levels to Watch .. Seems to hit $100k
🚨 #Bitcoin Tumbles to $102,805 After $106K High! Following a sharp rally to a 24-hour high of $106,012, $BTC has experienced a significant drop of -2.56%, with intense selling pressure pulling the price back to its current level.
Critical Levels:
Resistance: $104,500 – Recovery above this level is necessary for a potential reversal to regain upward momentum.
Support: $102,600 – A break below this level could lead to a deeper correction, targeting $100,500 and possibly $98,000.
Market Insight:
The sudden drop indicates heightened volatility as bears take control. Strong trading volume of 18,469 BTC suggests an intense battle between bulls and bears. Traders should remain cautious and monitor these levels closely for confirmation of the next move.
