$BTC /USDT – BEARS STRIKE AGAIN! Support Test Underway Near $100K
#Bitcoin has dropped -2.03% in the last 24 hours, slipping from the $107K range down to $104,720. The $106K support failed to hold, and BTC is now hovering just above its basic support zone at $100K.
Market Snapshot:
24h High: $107,067.87
24h Low: $104,600.50
Volume (USDT): $2.42B
Current Price: $104,720.01
Key Support Zones:
Immediate: $104,000 – $105,000
Crucial Base: $100,000 – If this level holds, a strong rebound could follow.
Upside Potential (if reversal occurs):
First Target: $107,500
Second Target: $110,000+
Outlook:
Bears are showing strength after breaching $106K, but bulls still have a chance to defend $100K. If this base holds firm, we could witness another explosive upside run. However, a breakdown below $100K could lead to further downside pressure. Stay alert and manage risk accordingly.
Trade here on $BTC