$BTC /$USDC – Major Pullback After New All-Time High at $112K
Bitcoin has just witnessed a sharp correction after marking a new all-time high at $112,000. The price has retraced to around $103,746, showing a 2.87% decline in the past 24 hours. This drop has intensified bearish pressure, bringing the critical $100K support level into focus.
🔍 Market Overview
Current Price: $103,746.73 (–2.87%)
24h High: $106,895.28
24h Low: $103,713.72
24h Volume:
BTC: 24,198.18
USDT: $2.56 Billion
📊 Support & Resistance Levels
Immediate Support: $103,000 – $100,000
Major Support Below: $91,000 (in case $100K fails to hold)
Resistance Zones: $106,000 → $110,000 → $112,000 (All-Time High)
🧠 My Outlook
Right now, the $100K support level is crucial. If Bitcoin holds this zone, we could see a bullish bounce and a potential retest of the ATH at $112K. However, if this level breaks, we may be looking at a deeper correction, possibly heading toward the $91K support where long-term buyers might step in again.
This area between $100K and $91K is likely to be a key battleground that determines whether BTC continues into a broader correction or sets up for another bullish leg upward.
Stay sharp—this zone could define the next major move for $BTC
Trade actively, manage risk, and watch the $100K level closely.