$BTC Will Bitcoin Break Out or Correct in the Next 24 Hours? Long and Short Traders Should Pay Special Attention!

With interest rates remaining at 4.5%, the crypto market is entering a dramatic period. Bitcoin is currently hovering around the $102,500 area, but is this a sign of a strong bounce or preparation for a deeper correction?

Bullish scenario:

If Bitcoin breaks the $105,000 resistance, bulls could push the price to the $107,500 - $110,000 area, triggering a series of short liquidations.

Bearish scenario:

If BTC loses the $100,000 mark, selling pressure could push the price to $97,500 - $95,000, where long positions are at risk of being wiped out.