$BTC
Bitcoin Shows Strong Bearish Momentum
$BTC entered a noticeable downtrend yesterday, aligning with our earlier swing trade projection.
After hovering below the resistance area near 106,700 for a while, the market initiated a sharp decline, already reaching our first target.
Currently, the price might stabilize briefly around the 103,500 to 104,000 range before potentially continuing its downward movement, with the next targets set at 97,800 and 94,000 as illustrated in the chart.
For more insights, please refer to the attached chart.
Thanks for your support and best of luck with your trades!
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