🐝 BTC Brief Update: Price Retraces, Support Crucial
Bitcoin has retraced back to the key support zone after a strong surge to $104,800. The current support range of $101,500–$102,500 must hold to maintain bullish momentum. Without consolidation and fresh buying pressure (fuel), a breakout toward a new all-time high (ATH) remains unlikely. If this support fails, the chances of BTC falling below the psychological $100,000 level rise sharply. Traders holding long positions, especially those using high leverage, should strongly consider setting a stop loss near the $100,900 mark to manage risk. The next few days are critical — holding support could fuel the next leg up, while a breakdown might trigger further downside. Stay cautious, stay prepared.
