$BTC Bitcoin has faced pressure from the daily supply zone we identified in the last update. The bulls were unable to break through — and now, all eyes are on the support at $95,500 on the shorter time frames.
Here’s the situation:
$95,500 = vital short-term support
If BTC fails to hold above this area…
we may see a drop directly to $92,800
This level is crucial — bulls need to defend it quickly or risk a deeper pullback. The price is already showing weakness. Stay cautious.
What’s the next step?
Holding above $95.5K = potential bounce
Breaking below $95.5K = potential slip to $BTC