$BTC Rollercoaster – Reversal or Another Dump Ahead?
$BTC just printed a sharp rejection candle from $102,600 after an aggressive rally. It’s now struggling near the $101,500 mark, with key support zones being retested. Will the bulls hold, or are bears preparing another hit?
Key Price Levels:
• Resistance Zone: $102,200 – $102,600 (heavy sell pressure seen)
• Support Zone: $101,200 – $101,000 (bulls must defend this zone)
Trade Setup – Watch for High Volatility!
Bullish Entry: Above $102,600
• Target 1: $103,400 (next resistance block)
• Target 2: $104,200 (potential breakout zone)
• Stop-Loss: Below $101,000
Bearish Entry: Below $101,000
• Target 1: $99,800 (recent local low)
• Target 2: $98,200 (critical support zone)
• Stop-Loss: Above $102,200
Bitcoin is flashing indecision after a fakeout move above $102K. Volume surged, but momentum faded fast. The fight between bulls and bears is heating up at $101K. A break below this level could accelerate downside. Stay alert — BTC’s next move could be explosive!