$BTC has broken below the $103,000 support level, now hovering around $102,858, down 2.16% on the day.
The failure to hold $103K signals growing bearish momentum, with a clear downward trend on the daily chart. All focus now shifts to the crucial $100,000 zone — a key psychological and technical support.
24h High: $105,909.71
24h Low: $102,581.56
24h Volume: 13,901 BTC | $1.45B
Current Price: $102,858.00
The recent peak at $111,980 appears to be a short-term top. Bears are currently in control, but bulls may step in aggressively at the $100K mark. A breakdown below could trigger sharp volatility and accelerated selling, while a strong defense might spark a swift recovery.
Final Take:
BTC is at a decisive level. Watch closely — the next move could define the short-term trend.