$BTC Rejected Hard — Is a Drop Incoming?
Bitcoin just got smacked down from that daily supply zone we marked in the last update. The bulls couldn’t break through — and now, all eyes are on the $95,500 support on the lower timeframes.
Here’s the Situation:
$95,500 = Crucial short-term support
If BTC fails to hold above this zone…
We could see a drop straight to $92,800
This level is make or break — bulls need to defend it fast or risk a deeper pullback. Price is already showing weakness. Stay sharp.
Next Move?
Hold above $95.5K = possible bounce
Break below $95.5K = likely slide to $92.8K