$BTC/USDT Analysis: Critical Moment for Traders...
Current price: $95.422 (-6.02%)
24h High: $102,800.11 | 24h Low: $95,422
Key levels to watch
Support Area: $95,400
Resistance Level: $98.200
Market Overview
Bitcoin has seen a significant decline, retreating from its high of $98,233. This bearish momentum suggests increasing selling pressure as traders take profits near key resistance areas. The current price action reflects a short-term bearish trend, with the $95,400 level acting as a crucial support level to watch. A break below this support could lead to further declines towards $94,000.